Dáil debates

Thursday, 28 October 2010

Macroeconomic and Fiscal Outlook: Statements (Resumed)

 

4:00 am

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

On the question of borrowing on a group basis, as raised by Deputy Barrett, Germany, France and all the countries in the eurozone would be required to agree to borrow at a common interest rate. To date there has been no willingness on their part to engage in such an operation.

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