Mary Lou McDonald (Dublin Central, Sinn Fein)

I note the announcement of the Minister for Finance that burden-sharing is to be imposed on senior bondholders in Anglo Irish Bank and Irish Nationwide. I hope this marks a realisation in government that senior bondholders must be dealt with rather than a stunt to mark its 100th day in office. When will the legislation required for such burden-sharing be brought before the House, given that the Credit Institutions (Stabilisation) Act 2010 does not provide for it?

Furthermore, I ask the Tánaiste to give an assurance to the House that the Government will stand up for Irish interests irrespective of the position taken by the ECB-----

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