Credit for small businesses
Joe Costello questions the lack of bank credit for small businesses; the Taoiseach says the Government is supporting efforts to preserve production capacity and employment in Waterford, although a receiver controls the outcome.
Why are the banks not giving credit to small businesses?
Comment on this
We need a viable plan and are doing all we can. The Minister from the area is working with Deputies from all sides of the House who have a similar concern about the issue. The Government and line Ministers concerned are also trying to find a way which would maintain a production capacity in Waterford. This is the outcome we would all like. As Deputies are aware, as a receiver has been appointed; the problem is that he is the person who determines the outcome. We are being supportive in every way to workers' representatives and the concerned business people of Waterford and the south-east region to see what way we can assist the process and achieve the outcome we all hope will emerge. There is no split in the House on that matter.