Dáil debates

Tuesday, 27 November 2012

Ceisteanna - Questions (Resumed)

European Council Meetings

5:20 pm

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

We are in a very different place. The people of Greece have an enormous challenge facing them until 2024 and beyond and I am quite sure that Deputy Boyd Barrett does not want our people to have to deal with that level of challenge. I agree with the Deputy when he refers to lifting the level of debt off our people and that is exactly why we are in discussions with the European Council and the ECB.

This leads me to Deputy Higgins's comments about his musical background, whether it be The Boys of Barr na Sráide, or whatever. It was not an "alleged intention" but a decision to break the link between sovereign and bank debt and that was a seismic shift in European politics because it was never done before and those who said it could never happen did not have much to say about it afterwards. After seismic shifts occur, tsunamis oftentimes take place.

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