Dáil debates

Wednesday, 26 September 2012

Topical Issue Debate

Banks Recapitalisation

3:05 pm

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael) | Oireachtas source

I welcome the opportunity to reply to Deputy McGrath. The Deputy should speak with a certain amount of modesty because all of the renegotiation being conducted by the Government on the bailout programme amounts to a series of attempts to unwind the deal made by the Fianna Fáil-led Government which got us into difficulty in the first instance. It made all the arrangements for the bailout and recapitalisation of the banks which we are now trying to unwind. There is also a danger that the Deputy will fall into the Sinn Féin trap-----

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