Seanad debates
Thursday, 27 October 2011
Order of Business
11:00 am
Thomas Byrne (Fianna Fail)
As regards bank recapitalisation, what we did last year, which was continued by the Government, to make our banks rocket proof was assailed and attacked by all those parties. Now, however, they are welcoming measures in today's document that do the same thing and, in fact, do not go as far. Without having read the document, they are welcoming terms and conditions — that are being given to other European countries that have to do what we did last year — which are better than those we had last year. There is no talk in the document about whether we will benefit from a reimbursement of moneys or a reduction in terms and conditions.
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