Dáil debates

Wednesday, 29 June 2011

Central Bank and Credit Institutions (Resolution) (No.2) Bill 2011: Second Stage (Resumed)

 

3:00 pm

Photo of Timmy DooleyTimmy Dooley (Clare, Fianna Fail)

On the 99th day in Government he set about keeping the ball in the air by suggesting that burden sharing would be sought by the Government and it would take a strong and proactive approach in Europe. At the same time, he did not face the issue with those who most objected to it, namely, the ECB. It is interesting that although making that suggestion, unsecured and unguaranteed bondholders are still being paid off - even this week. Our spokesperson, Deputy Michael McGrath, already alluded to that in his contribution. The Minister continues to pay off unsecured and unguaranteed bondholders and still has not addressed the issue.

Comments

No comments

Log in or join to post a public comment.