Martin Mansergh (Tipperary South, Fianna Fail)

The Minister has addressed also the issue of what effect this will have on the public finances. This evening I repeated something the Minister had stated in the Dáil:

Taking Anglo Irish Bank into State ownership should have no immediate impact on either the general Government debt or the current deficit as Anglo Irish Bank is a going concern and will continue to operate as a commercial bank. As with other commercial State companies, its debts and assets will remain on its own books.