Dáil debates

Wednesday, 15 December 2010

10:30 am

Photo of Caoimhghín Ó CaoláinCaoimhghín Ó Caoláin (Cavan-Monaghan, Sinn Fein)

Today is the day when the Taoiseach and the Government want the Dáil to vote approval of a deal that will sell the Irish people into economic bondage. The vote that will take place later today would never have taken place but for the fact that Sinn Féin threatened legal action if the Government failed to act in the spirit of Article 29 of the Constitution. The Taoiseach would have bulldozed on regardless.

We have now learned that the EU Commission, with the approval of the eurozone Finance Ministers, has insisted on placing a further 3% profit margin on top of the interest applied to an element of the loan provided via the EFSM.

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