Dáil debates

Wednesday, 2 December 2020

Ceisteanna ar Reachtaíocht a Gealladh - Questions on Promised Legislation

 

12:40 pm

Photo of Micheál MartinMicheál Martin (Cork South Central, Fianna Fail) | Oireachtas source

The Government would view with concern any large-scale redundancies of that kind. Obviously, they are not mandatory redundancies. The indications seem to be that these are issues that will have to be worked out in negotiation but I will obviously discuss this with the Minister for Finance. Conversations will also happen with the banks although I have to stress that the Government does not run AIB. The Deputy knows, as does everyone else in the House, that there has been a very clear demarcation line between the Government and banks in terms of how the latter are operated, notwithstanding the size of the State's shareholding in AIB. That has been the position for well over a decade now and will remain so.

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