Peter Mathews (Dublin South, Independent) | Oireachtas source

Within the ambit of the programme for Government and, in particular, the acute crisis facing the new Greek Government, perhaps Members should have a debate in this House about the solidarity they must show in terms of debt sustainability for debtor nations. I do not refer simply to national debt in countries as in Ireland, we have particular problems with non-financial corporate debt and household debt which, when combined in aggregate with national debt, puts us even above Greece which is declared by anybody who knows anything about political economy to be unsustainable.

Members will have seen Cormac Lucey's recent analysis of the up-to-date debt position of this country.

See this speech in context