Dáil debates

Wednesday, 6 February 2013

Irish Bank Resolution Corporation Bill 2013: Second Stage

 

11:10 pm

Photo of Gerry AdamsGerry Adams (Louth, Sinn Fein) | Oireachtas source

A credible deal is one that will bring relief to citizens. There have been six austerity budgets, which have taken €28 billion out of the economy. Sinn Féin has long argued for the end of the IBRC. What we simply cannot support is turning the bad debts of this bankrupt bank into sovereign debt. It is not our debt. It does not belong to the people of this State and it never was. Fianna Fáil saddled us with it in the first place. Sinn Féin cannot and will not support the Government in doing this. The Government should not proceed with the Bill. It should bring forward the entire package, finish its deal with the ESB-----

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