Seanad debates

Tuesday, 30 November 2010

3:00 am

Photo of Paschal MooneyPaschal Mooney (Fianna Fail)

At a time when the people are looking for and receiving leadership from the Taoiseach, on the events of the last week and the direction the country will be taking, I find it very disconcerting that there seems to be an effort led by the Opposition and other elements in society to rubbish the deal. At the same time statements are being made in complete isolation from what is happening in the rest of Europe. During the past few hours bond rates charged to Portugal, Spain and Italy have all increased. The cost of money to the Italian economy has increased by half a percentage point in 24 hours.

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