Stephen Donnelly (Wicklow, Independent) | Oireachtas source

The Private Members' motion before the House this evening calls on the Government to lobby the ECB and European Commission for a one-off change, an exemption, to the rules of monetary financing to allow for the Central Bank of Ireland to tear up those bonds.

I have listened during the past three years to the Government's stated position. I still do not know whether it is paying the money because it thinks it is the least bad option available to it or because it believes these are debts properly incurred by the Irish State and due. Does the Taoiseach believe that the Irish people should pay the €28 billion which was loaned to ensure that creditors of Anglo Irish Bank and Irish Nationwide Building Society did not have to incur any losses on their investments?

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