Dáil debates
Wednesday, 23 May 2012
Leaders' Questions
10:30 am
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)
After putting billions of euro into bailing out Irish banks, we will end up bailing out Spanish banks and other European banks. Where will we get the €11 billion from? That money is in addition to the €8 billion in cuts under the troika programme over the next three years, the €5 billion in cuts that are required to meet the deficit targets under the fiscal treaty and the billions in interest repayments on a debt that will be €200 billion by the time we exit the programme.
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