Dáil debates

Wednesday, 15 December 2010

11:00 am

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

Those bondholders are primarily based in the very countries - France, Germany and Britain - that will benefit from the 3% profit margin that will apply over and above the interest that must be repaid. There is no acceptance of this whatsoever.

Before the Ceann Comhairle rings his bell, I wish to avail of a final opportunity to make an appeal to the Taoiseach to withdraw and pull back from the brink. If he has confidence in his position and in the deal that has been negotiated - it is shameful that the Minister for Finance signed off on the latter - then the matter should be put before the people in a general election.

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