Dáil debates

Wednesday, 25 May 2011

10:30 am

Photo of Enda KennyEnda Kenny (Mayo, Fine Gael)

On the Government's view on debt restructuring for Ireland, let me make the position clear for the umpteenth time. This country will repay its debts and the money it owes. It is included in a programme and package from the IMF and the European Union. We are meeting the conditions of that package and will continue to look for improvements in it. The bigger difficulties associated with other countries are obviously a source of serious concern for European leaders. I agree it would be preferable if we had clarity of decision on the part of all European leaders on the crisis facing a number of countries. From that point of view, it is perfectly obvious that officials at different levels are working intensively with the governments involved to determine what is the best thing to do. As the Deputy is aware, in this country we are in constant contact with the troika as regards its observations on the programme for Government and how it is to be implemented. Let me make it perfectly clear: we are not involved in this package in a voluntary capacity. It is both challenging and difficult, but we are meeting our targets and on line to achieve them. We will pay back the moneys and loans the Government led by the Deputy's party borrowed.

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