Seanad debates

Thursday, 27 October 2011

10:30 am

Photo of Ivana BacikIvana Bacik (Independent)

I ask the Leader to arrange a debate early in November on the implications for the economy of last night's summit meeting at EU level. Senator Darragh O'Brien was correct to raise the question of the implications for the economy of the write-down of Greek debt but he is premature to suggest it should have been addressed last night. The critical issue last night was the horrifying spectre of Greece and achieving a write-down of Greek debt. We should welcome the resolution of that problem. We can now consider the implications of the write-down for Ireland. To hear the Senator lecture the Government on what it should do to write down debt——

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