Seanad debates

Tuesday, 27 January 2015

3:40 pm

Photo of Ivana BacikIvana Bacik (Independent) | Oireachtas source

We must be mindful of the historical context for this, but I support the idea of a debate on the matter in advance of any decision being made.
I also ask the Leader for a debate on developments in the EU, in light of the Syriza victory in Greece and the quantitative easing package that was announced last week and which I welcomed in this House on Thursday. The victory of Syriza may point to a change of tack across the EU. We all hope to see Greece pull itself out of the appalling recession it has been in. The fact that the victory of Syriza may strengthen the hand of François Hollande, who came to power in France as a socialist Prime Minister, promising a different approach at EU level to monetary and financial policy, is also cause for hope. There has not been enough of that, but we saw a very welcome development last week with quantitative easing. I would like us to have a debate at that macro level of EU policy about what those recent developments mean for the future.

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