Pádraig Mac Lochlainn (Donegal North East, Sinn Fein)

The Taoiseach will acknowledge that it will be rather difficult for us to deliver on the goals we set ourselves in the national reform plan while, at the same time, implementing the austerity programme from the EU, the IMF and the ECB. The Tánaiste has announced the diplomatic initiative. Does that initiative involve engaging with the Governments of Greece, Portugal and, potentially, Spain on a counter-offensive to the narrative that exists in northern Europe that the bailout is a result of the recklessness of the peripheral economies when, in reality, the recklessness of major financial institutions in the core states being allowed by the ECB and IMF to lend banking institutions in the peripheral states was the cause of the crisis? What engagements have taken place with those Governments?

Have we considered an engagement with the 186 other member states in the IMF on its failure in oversight?

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