Dáil debates

Tuesday, 25 May 2010

2:30 pm

Photo of Joan BurtonJoan Burton (Dublin West, Labour)

I want to ask the Taoiseach about two matters. As regards the €750 billion stabilisation fund for the eurozone countries, could the Taoiseach say whether the Attorney General was able to advise if that would require legislation and in the event, when it will be brought before the House?

The Taoiseach will recall that after Christmas the Labour Party had a Private Members' motion to have a full proper inquiry into the banking crisis. The Government tabled its own motion to have two private scoping inquiries, one to be conducted by the Governor of the Central Bank and the other by Herr Klaus Regling and Mr. Max Watson. We were told that both of those reports would be presented to the Minister and the Government next Monday and Tuesday. The Government undertook at the time to publish those reports immediately and bring them before the House or the Joint Committee on Finance and the Public Service. Will the Taoiseach confirm that the Government will proceed to fulfil its promises in this regard? In the event, the Government, I understand, has then to give details of an in-depth inquiry to be conducted with speed into the collapse of the banks in Ireland, possibly giving details, also, as regards the lead up to the blanket guarantee of all the debts of the covered institutions.

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