Dáil debates
Wednesday, 1 February 2012
European Council Meeting: Statements
10:30 am
Peter Mathews (Dublin South, Fine Gael)
The ESRI equivalent in Germany was not aware that the three elements of debt in this economy comprised private household debt and non-financial corporate debt as well as the sovereign debt, which is the focus of the fiscal compact. Our private household debt and non-financial corporate debt is twice the size of that of Greece, which is in the emergency ICU.
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