Kieran O'Donnell (Limerick East, Fine Gael)

How will NAMA and the recapitalisation of the banks ensure that credit will flow to small and medium-sized enterprises? They are currently on their knees. The Minister appears to be making up policy on the hoof. A total of 55% of small and medium-sized enterprises have been unable to access credit in the past three months.

The Minister referred to the taxpayer. The Minister could put a total of €25 billion into the banks but credit might not flow as a result. How will he ensure that credit will flow?

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