Dáil debates

Tuesday, 19 May 2009

12:00 pm

Photo of Brian CowenBrian Cowen (Laois-Offaly, Fianna Fail)

It is my idea. Deputy Gilmore's idea is a temporary nationalisation, which his candidate in the Dublin South by-election suggested could last for 20 years. He said that if it involved 20 years, so be it - that is his idea of a temporary nationalisation. So much for no ideology in the Deputy's party.

Regarding what we are trying to do and what we will do, we will proceed in line with EU guidelines on impaired assets, working with the EU and the ECB, making sure we bring forward the legislation that will withstand any legal challenge-----

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