Sinn Féin - On Your Side

Kenny must explain why Ireland’s issues have been taken off EU agenda – Adams

24 March, 2011 - by Gerry Adams TD


Sinn Féin President Gerry Adams has said Enda Kenny must explain to the Irish people why he has not stood up for Ireland’s interests at the EU Summit meeting today after the issue of the interest rate on the EU/IMF loan was taken off the agenda.

Mr Adams said the issue of the interest rate on the loan was a key plank of Fine Gael’s election campaign and the Taoiseach majored on his intention to deal with this issue at this Summit.

He said:

“Before the Summit even began Enda Kenny had failed to stand up for Ireland’s interests by allowing the issue of the interest on the loan to be taken off the table.

“This was a key plank of Fine Gael’s election campaign and Irish people had been led to believe that the new Taoiseach would begin negotiations at this Summit.

“The real issue that should be discussed at this EU Summit meeting is Ireland’s inability to repay this loan and our inability to sustain the debt.

“With yields on ten year Irish bonds passing the 10% mark today we are in very dangerous territory and cannot afford to put negotiations off any further.

“All parties have moved closer to the Sinn Féin position that there needs to be some form of burden sharing but we cannot continue to kick the can down the road to 2013. Ireland simply cannot afford to wait that long.” ENDS

Connect with Sinn Féin