Dáil debates

Wednesday, 4 February 2015

European Debt: Motion (Resumed) [Private Members]

 

7:40 pm

Photo of Simon HarrisSimon Harris (Wicklow, Fine Gael) | Oireachtas source

Deputy Boyd Barrett should not take my word for it. Just the day before yesterday, the National Treasury Management Agency raised €4 billion through a 30-year bond at a yield of just over 2%. We are not borrowing that money for fun or for the craic but to fund public services. The fact that people are willing to lend to this country again, that we are no longer locked out of the markets, means we can now afford to plan our public services as we go forward.

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