Dáil debates

Tuesday, 27 November 2012

4:10 pm

Photo of Enda KennyEnda Kenny (Mayo, Fine Gael) | Oireachtas source

-----to sever the link between sovereign and bank debt and in respect of the promissory notes with the ECB. It is the intention of the Minister for Finance, on behalf of the Government, not to have to pay the €3 billion that is due in March 2013. It is in this regard that discussions are continuing to take place with the European Central Bank. I noted Deputy Martin's comments on the conclusion of the European Council report to the effect that these are things which could be restructured quite easily. That is a bit Irish coming from a member of the Government which made the most extraordinary economic decision ever foisted onto the Irish people.

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