Seanad debates

Wednesday, 17 December 2014

10:40 am

Photo of Denis O'DonovanDenis O'Donovan (Fianna Fail) | Oireachtas source

I welcome the remarks made this morning by the Minister for Agriculture, Food and the Marine, Deputy Simon Coveney, but we must go further. We note that there is somebody currently being extradited from Brazil to Ireland over a case involving some €80 million. This is a serious issue, yet there are billions involved in the issue concerning the ECB. The Europeans who are supposed to be our partners are ignoring the demands from Ireland. If it is possible, the Leader might explore whether a European arrest warrant could be issued to bring the European authorities here by hook or by crook. Let them answer questions. What are they afraid of? Is there something they might say that would expose Europe such that it might have to compensate Ireland for the billions of euro it put in to support the banks? It is an appalling disaster and it is so serious for the nation.

This is the first time I have ever said, publicly or at any forum, that we, as a small nation on the periphery of Europe, should reconsider our position in the European Union if the ECB officials do not come here to answer questions. The biggest crisis this nation ever faced in my lifetime and in its history happened in 2008 but the ECB is hiding behind the frivolous, vexatious notion that it is a national issue. The banking crisis was a Europe-wide issue. It hit Greece, Portugal, Spain, Cyprus and other countries, yet the European authorities are ignoring this. Perhaps if they came here and gave answers we could move on and learn lessons from the appalling, disastrous position they put us in as a nation.

Comments

No comments

Log in or join to post a public comment.