Dáil debates

Wednesday, 2 December 2009

Photo of Billy KelleherBilly Kelleher (Cork North Central, Fianna Fail)

I advise the Deputies opposite who receive such queries to refer them to the credit supply clearing group. If they want to deal with them personally, they can do that instead. We are conscious of the importance of this fundamental issue. The Deputy knows as well as I do that regardless of what else happens, we need to have functioning banks that can access money. Fine Gael believes that a nationalised bank should be established. We believe that what we have done will stimulate the supply of credit into the economy. Small and medium-sized businesses will suffer, unfortunately, if there is no demand for goods and services. Both sides of the economy have to be stimulated.

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