Peadar Tóibín (Meath West, Sinn Fein)

Given that Bank of Ireland is part of the infrastructure to give loans to potential home owners and to businesses in future and given that a chunk of the money will come from Bank of Ireland in at least the short to medium term, there must be an opportunity cost to the money coming from Bank of Ireland into the real economy. ISME indicated that 49% of small businesses have difficulties in getting loans currently. Is it not the case that the Byzantine solution which the Government has concocted will have a negative effect on the real economy?

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