Dáil debates

Wednesday, 4 February 2015

Ceisteanna - Questions - Priority Questions

Debt Restructuring

9:40 am

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

What is the State's position on having a European debt conference and the need for such a discussion to take place in order to reduce the high level of indebtedness of some EU countries, including Ireland? There has been much debate about what words were used by the Minister to the ambassadors. The Minister has said his words were taken out of context. However, it is very clear that the Tánaiste and leader of the Labour Party agrees that there would be merit in having a debt conference. Why would the fourth most indebted state in the European Union actively oppose having such a debt conference? This appears to be the current approach of the Government.

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