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

The issue of the UN resolution came up and I think is important to address it. Ireland recognises the importance of an appropriate international agreement regarding sovereign debt restructuring due to its significant economic, social and financial implications. In common with other European member states, Ireland was unable to support the recent UN resolution on a multilateral legal framework for sovereign debt restructuring. This position was based on shared concerns regarding the substance of the resolution and the process followed in proposing it. However, together with many other UN member states, Ireland is actively engaged in ongoing processes that address and seek to identify solutions to the issue of sovereign debt restructuring. In this House, we can all agree on the need for growth, more job creation, and on working together to continue to do what the Government has done - restructure our debt and lessen the burden on the Irish taxpayer. We have a plan to recoup money for the Irish taxpayer from the banks.

Comments

No comments

Log in or join to post a public comment.