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Seanad
‹ Order of Business

Bankers’ bonus restrictions

Summary

Senator Healy Eames praises the Finance Minister for securing an EU-wide cap on bankers’ bonuses; Senators Byrne and Healy Eames debate whether Ireland led the policy.

I compliment the Minister for Finance, Deputy Noonan, on brokering a cap on bankers' bonuses across Ireland and the rest of the EU. Let us give him a big bualadh bos. It is time to do so.

Comment on this

They were already illegal in Ireland. We banned them.

Comment on this

Yes, but we led on the issue.

Comment on this

The Minister is following the last Government's lead.

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