Dáil debates

Tuesday, 4 March 2014

Government's Priorities for the Year Ahead: Statements

 

6:45 pm

Photo of Joan BurtonJoan Burton (Dublin West, Labour) | Oireachtas source

We have, however, unfinished business with the European Union and the ECB. In June 2012 eurozone leaders solemnly affirmed that it was imperative to break the vicious circle between bank and sovereign debt. They also committed to examining Ireland's position in that regard. We will continue to push for that agreement to be honoured and a wider deal on the debt. There is widespread recognition in Europe and further afield that Ireland was dealt a very savage blow in the deal to which the previous Government signed up. We need to get a deal on bank recapitalisation, particularly through using the potential of the European Stability Mechanis which is under negotiation.

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