Dáil debates

Thursday, 31 March 2011

Banks Recapitalisation and Restructuring: Statements

 

6:00 pm

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)

About €200 billion in liquidity is being provided by the ECB and the Central Bank of Ireland to keep day-to-day activity going in this country. We have to take this action because we need a banking system. No Opposition Member would thank us if he or she went to his or her local bank machine tomorrow morning and it did not work and no money was available.

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