Seanad debates
Wednesday, 6 February 2013
Irish Bank Resolution Corporation Bill 2013: Second Stage
7:00 pm
Marc MacSharry (Fianna Fail) | Oireachtas source
I welcome the Minister and thank him for taking the time to come before the House. In the first instance, people will be disappointed with what appears to be transpiring in the context of the country's debt. In June, we were informed that sovereign debt would be separated from bank debt. However, the legislation indicates that this will no longer be the case. That is a concern because the ECB is going to get what it wants but we will not get what we want.
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