Dáil debates

Thursday, 25 October 2012

Prospects for Irish Economy: Statements (Resumed)

 

2:15 pm

Photo of Ruairi QuinnRuairi Quinn (Dublin South East, Labour) | Oireachtas source

I listened to the previous speaker's contribution and I would simply state that we have lost our economic sovereignty and that we do not control our own cheque book. There are those on the other side of the House who seem to think that this is some kind of illusion.

If we were to go into the international money markets to borrow the money to which the Deputy refers, the rates would make moneylenders look like Franciscans. It is not realistic. I would like to engage with the Deputy on this issue, but we are speaking two languages.

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