Arthur Morgan (Louth, Sinn Fein)

Does the Minister of State accept that the functioning of NAMA will not have an impact on the banks for at least another year? We will have to wait until the autumn of next year, at least. Does he accept that the representatives of Enterprise Ireland who are working with the banks are not operating as they should? As Deputy Varadkar said, the banks simply do not have any money to give. Does he accept that the banks are lying when they say they are giving loans to business and meeting their responsibilities? They are not doing so. Is it not the case that we will have to wait for another year before something practical happens to create a credit stream to small and medium-size enterprises? Surely the Government can do something practical to make it happen.

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