Dáil debates

Thursday, 10 November 2011

5:00 pm

Photo of Lucinda CreightonLucinda Creighton (Dublin South East, Fine Gael)

I put on record that the European Central Bank is the solution to the euro crisis. It is our task to convince the German Chancellor and the German Government that we have to relax the rules on intervention from the ECB and we have to make the ECB the backstop for the EFSF to ensure that we can continue to fund the services we provide in this State, pay the people in receipt of social welfare their social welfare benefits every week and to pay the people in receipt of pensions from this State their pension payments. We have to ensure we can maintain that line of funding and protect services. That is the only option. I have not heard a credible alternative option from anybody on the other side of the House in that regard.

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