Dáil debates

Tuesday, 5 October 2010

Announcement by Minister for Finance on Banking of 30 September 2010: Statements (Resumed)

 

8:00 am

Photo of Michael KennedyMichael Kennedy (Dublin North, Fianna Fail)

I am glad Deputy Burke has come along to listen to me. The people overseas who lend to us need to understand how Ireland will be maintained as a creditworthy nation. They need to understand how we intend to fund our financial crisis. The Minister has indicated that he will put forward a Government plan showing our strategy over four years, how we intend to control our financial affairs and how we intend to retain the confidence of overseas lenders and investors.

I am sure no one in this Chamber wants the International Monetary Fund to come in and do the job for us. Let no one be in any doubt that it will come in. It has already gone in to Greece. For a couple of months, the Greek Government endeavoured to say that it did not have problems and that it would deal with things its way. The IMF went in-----

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