Dáil debates

Wednesday, 1 December 2010

EU-IMF Programme for Ireland and National Recovery Plan 2011-14: Statements (Resumed)

 

4:00 pm

Photo of Joan BurtonJoan Burton (Dublin West, Labour)

It ill becomes the Minister not to have given it to the Opposition parties and to have allowed time for an analysis. The document is not warm from the printer so it is clear it was printed some hours ago.

The document will tie this country hand and foot to a bad deal that was negotiated on behalf of the Irish people at the weekend by a Minister who appointed as his plenipotentiaries rather anonymous senior officials in the Department of Finance with associated assistance from the Governor of the Central Bank and the head of the National Treasury Management Agency. I understand that the principals negotiating for the Minister were a small group of officials from the Department of Finance known to a few of us but I do not think known to the general public. This is on what the Minister has signed off.

For such an important document the Minister used some extraordinary phraseology in his presentation to the House. I made some quick notes on what was said but we can check the blacks later on. He said in regard to the bondholders that there was too much discussion, far too much discussion and domestic noise. The Minister is nodding in agreement.

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