Leo Varadkar (Dublin West, Fine Gael) | Oireachtas source

If other people do not pay back their debts and there is no mechanism in place to enforce it, we all face higher interest rates, including everyone who has a business or mortgage. We need to be realistic and honest. If people borrow money, they have to pay it back. If they do not, they are denying others access to credit and driving up interest rates for everyone, which is socially wrong.

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