Joan Burton (Dublin West, Labour)

Anglo Irish Bank is the biggest liability and undertaking the State has. I ask the Taoiseach, as Head of the Government, about the new plan, announced by the Minister after Commissioner Almunia turned down the good bank-bad bank proposal for Anglo Irish Bank as not being acceptable. As the Government has had several weeks to digest the Commissioner's decision, has it decided whether the proposed funding bank and asset-recovery bank for Anglo Irish Bank require legislation? I believe that question is perfectly in order.

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