Seanad debates

Thursday, 5 February 2009

10:30 am

Photo of Paul CoghlanPaul Coghlan (Fine Gael)

I agree with Senator Cummins that in these extremely difficult and damaging times, it is now a question of surviving and saving every job we possibly can. I look forward to hearing the Tánaiste outline the Government's proposals in respect of PRSI. Will additional infrastructural developments be sanctioned to keep the building industry going? We cannot afford to slacken in that regard when so much work remains to be done for the good of this country and its economy. We cannot afford to see all building jobs disappear. I would like to raise an important matter that ties in with all this. Will the Leader let the House know when the banks, especially Allied Irish Banks and Bank of Ireland, will be recapitalised and restructured? This issue is central if the economy is to survive and get moving again. It needs a bit of a lift. It is obvious that legislation will need to be amended.

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