Seanad debates
Wednesday, 20 February 2013
Order of Business
11:10 am
John Gilroy (Labour) | Oireachtas source
It demonstrates the good management of the public finances by the Government. It is a vote of confidence in the country that international investors would see fit to pay full market value for what we borrowed and paid two years ago for the company. All told, it represents a ยค8 billion commitment which we will receive from international investors in transactions managed by the State or entities controlled by the State. In addition to the deal we got on the promissory notes last week, it is a sign that on a macroeconomic level at least we are going in the right direction. I compliment the Government on this and hope the Opposition would refer to good news now and again.
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