Dáil debates
Wednesday, 4 February 2015
European Debt: Motion (Resumed) [Private Members]
7:00 pm
Brian Stanley (Laois-Offaly, Sinn Fein) | Oireachtas source
We have more private and banking debt per person than anywhere else in the European Union and this issue has not been dealt with. The Government has given the banks a veto. Almost three years ago, when there was talk about legislation on private and mortgage debts, we pointed out that we should not have given the banks a veto. Unfortunately, the legislation the Government passed on the personal insolvency arrangements gave the banks a veto, which they have used time and again. A large number of people are not getting relief. We are worse than the Greeks on this, unfortunately.
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