Seanad debates

Wednesday, 27 June 2012

European Stability Mechanism Bill 2012: Committee and Remaining Stages

 

1:00 pm

Photo of David CullinaneDavid Cullinane (Sinn Fein)

I will repeat my point. It will be my last contribution on this section, as our debate on the next section will be important. The only question of relevance or significance is whether the European Stability Mechanism, ESM, will work and whether the road we are on is the right one. We can attack political parties' policies and describe them as fantasies because that is what the Minister of State likes to do ideologically. Sinn Féin was proven right when we stated that the measures being taken in 2007 and Fine Gael and Labour's pre-election promises last year would not work. This treaty, in particular section 3 about which the Acting Chairman is precious, will not work.

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