Dáil debates

Wednesday, 20 October 2010

Statements re Minister for Finance's announcement on banking of 30 September 2010: Questions

 

12:00 pm

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

They are crucial in international funding. Ireland is crucially dependent on international funding. I mentioned our salaries in the House. It is a matter of public record that the State requires to be funded on a day-to-day basis with borrowed moneys, the vast majority of which are borrowed from lenders of the character described by Deputy Ó Caoláin. I recognised several of the names read out as names of institutions that continue to express their confidence in this country by subscribing to Irish Government bonds.

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