Seanad debates

Thursday, 12 November 2009

11:00 am

Photo of John Gerard HanafinJohn Gerard Hanafin (Fianna Fail)

In light of the recent excellent work by this Chamber on NAMA, I ask the Leader to note a fact that was not mentioned as much as it should have been that the rate we have received from the European Central Bank to buy the toxic assets is 1.5%. It fundamentally amounts to a Marshall plan for Ireland from Europe.

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