Dáil debates

Thursday, 7 July 2011

4:00 pm

Photo of Ruairi QuinnRuairi Quinn (Dublin South East, Labour)

It is the European Central Bank or the money-lenders. The House needs to understand the reality of where we are. We have lost our economic sovereignty. We cannot deliver on a rights-based approach because we do not have the money to do it. The money we would attempt to offer would be provided by the European Central Bank. The IMF is in this city. When Deputy Boyd Barrett was outside the Department of Finance yesterday, he made this very clear. There is nobody else who will lend us money, except at moneylenders' rates.

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