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Seanad
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Confidence in European debt deal

Summary

Senator Conway argues that Ireland’s restored European reputation will secure a bank-debt deal, citing contacts between the Taoiseach and European leaders; Senator O’Brien responds sarcastically.

We cannot allow a situation whereby the tail wags the dog. In fairness to the Taoiseach and Ministers for Finance and Foreign Affairs and Trade, they have restored our reputation in Europe. We will now get a deal on bank debt because we are respected abroad, in particular in Europe. It speaks volumes that Chancellor Merkel was on the telephone with the Taoiseach for half an hour on Sunday evening and that President Hollande met the Taoiseach in the Elysee Palace yesterday.

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That was a previously arranged meeting.

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That spokes volumes.

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Denis O'Donovan An Leas-Chathaoirleach Fianna Fáil

Senator Conway's time has expired.

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The Taoiseach is choreographing this properly and correctly. We will get a deal on bank debt, in spite of the misgivings some may have in that regard.

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I am convinced now that Senator Conway has said it that we will get a deal. I can sleep well. We need Senator Conway in Europe.

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