Dáil debates

Wednesday, 14 January 2015

5:45 pm

Photo of Enda KennyEnda Kenny (Mayo, Fine Gael) | Oireachtas source

We have exited the bailout programme and our country is able to borrow money at 0.86%, which is very much down from the bond yields of 15% a number of years ago. The situation is that the decision of June 2012 was one that was made by the European Council to clean up the enormous economic mess that was left to this Government as a legacy. What we are trying to do is in the interests of the Irish taxpayer. The options are being considered by the Government and the Minister for Finance and the Minister for Public Expenditure and Reform to see which is the best to get back the most money for the Irish taxpayer.

In the interests of the Irish taxpayer the Government and the Ministers for Finance and Public Expenditure and Reform are considering which is the best option to get back the most money for the taxpayer. The Minister for Finance has confirmed that he expects that every cent this Government puts into the functioning banks will be recovered over a period. We have lessened the burden of the mess left by our predecessors-----

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