Dáil debates

Tuesday, 26 November 2013

Bond Repayments: Motion [Private Members]

 

8:05 pm

Photo of Joan CollinsJoan Collins (Dublin South Central, People Before Profit Alliance) | Oireachtas source

I move:

“That Dáil Éireann:

calls on the Government:

— to immediately lobby the European Central Bank for a one-off exemption from the rules of monetary financing, to allow the Central Bank of Ireland to destroy the €25 billion in sovereign bonds issued in February of this year, in lieu of the remaining promissory notes, plus the €3.06 billion bond also being held by the Central Bank of Ireland in payment for the 2012 promissory note; and

— to cease any and all interest payments currently being made on those bonds.”
I wish to share time with Deputies Richard Boyd Barrett, Seamus Healy, Catherine Murphy, John Halligan, Thomas P. Broughan and Patrick Nulty.

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