Dáil debates
Wednesday, 12 January 2011
Leaders' Questions
2:30 pm
Brian Cowen (Laois-Offaly, Fianna Fail)
We were the first country to have to take the guarantee option. Subsequently, Denmark came forward with a guarantee option and used senior debt. The template of all the guarantee options is that of Sweden, which introduced a blanket guarantee in the 1990s when it had to try to save its banking system. Of course, circumstances are different in every country-----
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