Seanad debates
Thursday, 20 May 2010
Euro Area Loan Facility Bill 2010: Second Stage
12:00 pm
John Gerard Hanafin (Fianna Fail)
In conclusion, we have faced difficulties but we faced up to our difficulties. I am glad we are in a position to support the Greeks. What they can learn from us is social solidarity, to move forward together. Let everybody see that there are no golden circles, that everybody who is responsible and everybody who is involved will pay equally. That is their way forward, the same as it is the way forward here.
I hope for a much brighter and better future. I expect we will get the growth rates. Of course, nobody knows what the future will bring but I suggest that within every fall is the inherent reason for recovery. If there is a major downturn in the world economies, all commodity prices fall, the price of labour falls and within a few years one will get recovery. The one thing we must never do is restrict trade and return to restrictive practices. We look forward with hope, recognising the considerable contribution that everybody is making to ensure that Ireland's economy is in a position to help the Greeks.
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