Seanad debates

Thursday, 7 June 2012

11:00 am

Photo of Paul CoghlanPaul Coghlan (Fine Gael)

Senator Bacik told Senator Darragh O'Brien this morning and I heard what the Minister, Deputy Rabbitte, said. We know what has to happen. It is as a result of the mess in which Fianna Fáil landed us. We have to break the link between sovereign and banking debt. We need to get the matter restructured which will involve longer maturity and lower interest rates.

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