Sinn Fein's EU candidate for the South constituency of Ireland Liadh Ní Riada stated today that the comments of European Commission President Maunel Barroso regarding bank recapitalisation are a product of the government's failure to stand up for Irish citizens at European level.
She also said that his comments are an attempt to avoid any responsibility at an EU level for the recapitalisation of Irish banks.
Ní Riada said:
“Jose Manuel Barosso’s comments today are partly the product of a weak Irish Government and a deep-rooted failure to defend the interests of Irish citizens at European level. It highlights the glaring lack of principled leadership from those representing this state in dealings with the institutions of the European Union.
"Our Government and our current MEPs have failed to stand up for Ireland on this issue. They vowed to achieve the separation of banking and sovereign debt. This never materialised. It seems to me that they readily accepted defeat on that score. It serves as a warning about what can happen if those wielding the power in Europe are allowed to implement an agenda without genuine challenge or critical engagement.
"Mr.Barosso has made it quite clear that retroactive recapitalisation of Irish banks is not something on the agenda in any substantive way. His comments are an attempt to avoid any responsibility at an EU level for the the €65 billion injustice against the ordinary people of this state.
"We didn't cause the banking crisis but the debt has been firmly fastened to our shoulders and those of future generations. Mr Barosso has effectively confirmed that us, our children and our grandchildren will be forced to pay back the debts of financial gamblers. This is a debt that simply does not belong to us.
"What have we received in return? Austerity and savage cuts to our social infrastructure from complicit parties such as Fianna Fáil, Fine Gael and the Labour Party.
"The government is happy to expose the sick, the elderly, children and vulnerable working families to the harsh climate that this has created while protecting the wealthy elites with equal vigour.”