Dáil debates

Wednesday, 6 June 2012

European Communities (Amendnment) Bill 2012: Second Stage

 

6:00 pm

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)

There is a widespread belief that if Greece exits, as a result of being bullied out of the eurozone because it is not willing to accept more of the poisonous austerity that has done such damage, the result will be catastrophic for the wider eurozone and could spell the beginning of the end of the eurozone. That is very likely. It is also likely that a Greek exit would tip the eurozone further into recession and, possibly, into a depression. No one really knows. To suggest that stability and certainty lie on the other side of the vote is nonsense.

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