Dáil debates

Wednesday, 19 May 2010

Euro Area Loan Facility Bill 2010: Committee and Remaining Stages

 

6:00 pm

Photo of Brian Lenihan JnrBrian Lenihan Jnr (Dublin West, Fianna Fail)

I will point out that just as Germans are concerned about the size and character of Greek pension arrangements, Irish people are concerned about excessive military expenditure. These are matters for the Greek Government, however. We cannot attend an international conference at which we propose to retain for our Parliament the primary role on budgetary matters if we also give lectures to Greece on how it should spend its money, even in the context of a conditionality agreement. It retains some residual power in that regard. If Deputy Morgan is suggesting some sort of link between this loan and the purchase of military equipment, I will certainly examine any evidence he can provide.

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