Ivor Callely (Fianna Fail)

I will conclude by making an important point. There are concerns in respect of the methods to be used to decide on the value at which such loans would be transferred, the expertise available and required to manage distressed loans and the feasibility of recovering a levy in the event that recoveries are insufficient to discharge the debts.

While I wish to say more, I understand that economic forecasters around the world predict the world economy will revive in 2010, bringing a return to rapid growth in Ireland in 2011. To achieve this, we must take the courageous decisions now, work together over the next two years and we will emerge stronger and more prosperous. We must be positive about our future. This country has benefited from some great political figures who were a source of inspiration, who took the difficult, courageous and correct political decisions when it might have been easier to jump on the populist bandwagon, who set out to achieve and did so. The economic, social, cultural and community progress our country has won and enjoyed is due largely——