Dáil debates

Tuesday, 26 March 2013

Ceisteanna - Questions (Resumed)

IFSC Clearing House Group

4:20 pm

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

I have a simple question for the Taoiseach in the aftermath of the wipe-out of senior bondholders in Cyprus. Is the reason senior bondholders never took a hit in this country and that the Government will not introduce a financial transaction tax, instead of imposing a property tax on ordinary householders, the influence of the clearing house group? Is that the reason senior bondholders were never touched? Is it the reason the Government will not introduce even a small extra tax on the financial sector and just keeps hitting ordinary people? Is it the people in the clearing house group who are dictating financial policy in this country?

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