Dáil debates

Tuesday, 1 April 2014

4:35 pm

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

That is not the information that is coming down. The ECB is putting considerable pressure on the Central Bank to sell off the €25 billion as quickly as possible. That is the information we have. I have written to the Central Bank Governor, Professor Honohan, in this regard, and raised my concerns about the issue. If the Government sells off the bonds it will put more pressure on the backs of ordinary people in respect of austerity, cuts and the water taxes coming down the line. I am asking the Government to resist any pressure from the ECB to force of the Government to sell off these bonds to the sharks that made money on the backs of ordinary Irish people.

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