Eamon Gilmore (Dún Laoghaire, Labour) | Oireachtas source

-----would make it very difficult to borrow the funds required to finance vital public services such as social welfare, health and the education systems, would further increase the cost of credit in the Irish economy and have significant implications for our exit from the bailout programme. On the other hand, we are now in a situation where we are exiting that programme, we have resolved the issue of the promissory note, we have liquidated Anglo Irish Bank - the IBRC, as it became - to which the promissory note was being paid, and, as we have seen this week, we are now creating in the region of 1,200 jobs per week. It is important that we do not put the progress we have made at risk.

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