Seanad debates

Wednesday, 8 October 2008

11:00 am

Photo of Larry ButlerLarry Butler (Fianna Fail)

It has come to my attention that the problems being experienced by the banks are leading to a scarcity of credit being available to this country's small and medium sized businesses. Perhaps the Leader can take up this issue. The lack of credit is exacerbating the other problems associated with the recession. Over 1 million people are employed by small businesses. A proper line of credit should be available to businesses which are entering difficult times to ensure they can maintain current staffing levels. I agree with Senator Regan that the Minister will probably have to take a number of steps. However, it is disgraceful to say that he does not understand the situation.

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