Dáil debates
Wednesday, 18 April 2012
Banks Recapitalisation
3:00 pm
Michael Noonan (Limerick City, Fine Gael)
The position always has been absolutely clear, which is that the Government will only act with the full permission of the European authorities and, in particular, with that of the European Central Bank, ECB. The latter has made it absolutely clear on several occasions that there will not be write-downs.
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