Seanad debates

Wednesday, 7 December 2011

11:00 am

Photo of Paul CoghlanPaul Coghlan (Fine Gael)

We should greatly welcome the three-pronged financial rescue package being mooted by the EU Council President Van Rompuy for presentation at the upcoming summit, together with the increased support for the IMF. This will bring about tougher budget rules to be imposed on countries as well as sanctions which can be employed against offending countries who step out of line. The future of the euro is so much bigger than the other very important measures under discussion. On the issue of the disability payments, we should not be making a song and dance about it. We do not need an immediate debate, we have the assurances of the Minister for Finance, the Minister for Public Expenditure and Reform and the Minister for Social Protection, that this matter will be rectified in the Social Welfare Bill.

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