Timmy Dooley (Clare, Fianna Fail)

Not yet. I wish the Government side well in that regard. Like all Members, I would like to see a situation develop where the exposure to the taxpayer is limited to the greatest extent possible. I know people on all sides of the House, and the previous Government, approached this crisis from the viewpoint of bringing about burden sharing, but that was not possible because of the way in which the ECB, in particular, sought to prevent a situation where senior bondholders would be required to share the burden at that time.

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