Seanad debates
Thursday, 28 June 2012
Credit Guarantee Bill 2012: Committee Stage
11:00 am
David Cullinane (Sinn Fein)
I have a number of points in response to the clarifications. I agree with Senator White's comment that the €150 million figure is too small. We would all like the pot to be bigger, although we recognise that we are in straitened economic circumstances. I spoke earlier of the problems we have in the south east, with almost 20% unemployment and many businesses closing. Many businesses are closing and there is clear evidence of it in any village, town or city in the south east. I contend that the €150 million could be easily absorbed by the south east alone.
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