Dáil debates

Thursday, 28 October 2010

Macroeconomic and Fiscal Outlook: Statements (Resumed)

 

4:00 am

Photo of John PerryJohn Perry (Sligo-North Leitrim, Fine Gael)

To follow on from Deputy O'Mahony's point that viable businesses are now closing, will the Minister at this late stage not reconsider a bank guarantee, which is the norm throughout Europe? It would get the economy moving, create wealth and assist the retention not alone of existing jobs, but of existing companies as well as the creation of new jobs. It is a no-brainer. Will he consider such a guarantee to ignite the backbone of the country and kick-start the economy? It is about small business.

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