Paul Gogarty (Dublin Mid West, Green Party)

Anyone who is an enemy of Tom Parlon is a friend of mine and that is why I am supporting this legislation.

Let us come now to the Fine Gael proposal. Fine Gael has proposed the establishment of a good bank which, unfortunately, will not get the assets required to make it work. The magic bank proposed by Fine Gael should be able to borrow from the European Central Bank but the assets have already been used to access European Central Bank funding and there is no additional funding available.

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