Seanad debates

Tuesday, 18 November 2008

2:30 pm

Photo of John Gerard HanafinJohn Gerard Hanafin (Fianna Fail)

I share in the calls for a debate on the economy, with particular emphasis on the banks. Like other Senators, I was happy to stay up all night to put through the emergency legislation to ensure stability in the banking sector. All Irish banks have remained solid and the banks state that they do not need recapitalisation, but, unfortunately, the banks are retrenching very significantly.

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