Dáil debates

Tuesday, 17 January 2012

2:00 pm

Photo of Pádraig Mac LochlainnPádraig Mac Lochlainn (Donegal North East, Sinn Fein)

It is widely agreed that the three crises we are facing across Europe relate to banking, sovereign debt and investment and what has been put before us by European leaders does not provide a solution to one of those crises. They have focused on, for bizarre reasons, the issue of permanent austerity to drive down wages and conditions and so on and to cut and privatise public services as a panacea to what is a fundamentally a dramatic failure in one sector of the economy - banking.

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