Seanad debates

Thursday, 18 November 2010

10:30 am

Photo of Terry LeydenTerry Leyden (Fianna Fail)

-----as a result of the fact that some important and significant visitors have arrived in our country today. We are going to examine how the crisis can be solved within the eurozone. The British, who have their own problems at present, also availed of IMF funding in the 1960s in order to extricate themselves from the difficulties they were then experiencing.

Ireland is one of the governors of the International Monetary Fund. Our director on the board of that entity is none other than the Minister for Finance, Deputy Brian Lenihan. We joined the IMF in 1957 and have been a contributor to it ever since. We have nothing to be ashamed of in discussing issues with the IMF in a positive manner.

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