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

There was a huge fanfare 17 months ago when European leaders agreed to consider using the ESM to recapitalise banks, and at that time the Minister told the Irish people it would be applied retrospectively. However, there is serious concern now that the hope given to the people at that time that the many of billions of euro pumped into our pillar banks would be recouped to Irish taxpayers is disappearing. I raise this question because I want to keep this issue on the agenda and to find out what discussions, if any, happened at the ECOFIN or Eurogroup meetings this week in regard to retroactive recapitalisation of our banks.

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