Gerry Adams (Louth, Sinn Fein) | Oireachtas source

Go raibh maith agat. Despite the Taoiseach's telephone conversation with the German Chancellor and his meeting with the French President, he failed to clarify how that unsustainable debt is to be paid. I put it to the Taoiseach that the first thing that must be acknowledged is that this debt is unpayable. The Taoiseach has never done that. He has never said "This is not payable. We cannot afford it." Sinn Féin wants him to succeed. The need to regenerate the economy is bigger than any party political concerns. When we argued from the outset that there was a need to separate sovereign debt from private banking debt and for a write-down of that banking debt, the Taoiseach said "No". He said we would not be known as defaulters. He said we would not have this stamped on our foreheads, and he reassured our friends in the European Union on those points. In June, the Government claimed that a deal had been done. The Taoiseach said it was a seismic shift, while the Tánaiste said it was a game changer. The Tánaiste went further and claimed that a deal on legacy debt would be concluded by October, as did the Minister for Finance-----

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