Dáil debates

Wednesday, 26 October 2011

1:00 pm

Photo of Stephen DonnellyStephen Donnelly (Wicklow, Independent)

The Minister of State has just said that all of the economic analysis states that Ireland's debt is sustainable and if we stick to this programme we will get out of it. It does not. If all the economic analysis she is looking at says that, I ask her to give me a call and I will send her expert analysis from all over the world, including the IMF, which says the opposite.

In regard to the strategy, does the Minister of State accept that every time the Governments says it will pay everybody their debts it makes it harder not to do so because the expectation is set in the markets that is what is going to happen? With regard to the summit, what is the Government's position on the fiscal consolidation given that A. J. Chopra and others are beginning to say that it is more and more likely we are potentially drifting into a European superstate?

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