Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

How can the Government argue for the retroactive recapitalisation of our banks - we want the €30 billion that we pumped into the pillar banks back - with any legitimacy if we have just agreed that there will not be a separation of sovereign and banking debt in Cyprus and that the Cypriot people will bear the brunt? Does it not make a mockery of the Government's position? How can we claim that our corporation tax rate is sacred if we agree to force Cyprus to increase its rates? The Taoiseach welcomed that statement.

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