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Kenny’s Brussels u-turn is a violation of his mandate — Pearse Doherty

25 March, 2011

Speaking after the conclusion of the summit of EU leaders, Sinn Féin Spokesperson on Finance Pearse Doherty has said that the statement by the Taoiseach that 'burden sharing' in relation to Ireland's debt crisis would not be considered until the result of bank stress tests were known was "another violation of the mandate given to him”.

Pearse Doherty said:

"Enda Kenny has once more done a U-turn on policy. It is becoming clear that he is saying one thing in the Dáil but saying and doing the opposite in Brussels.

"Only last week the Taoiseach told the Dáil that he wouldn’t pump more money into banks until there was clarity on how the burden would be shared, but now he has said that he will defer any decision or consideration until the results of the stress tests were known.

 "The Taoiseach can no longer kick the can down the road. He told the Dáil and the people that it was “grossly unfair to expect Ireland to fork out 100 percent” and he should have argued this cogently at the Summit.

"It is absurd that the Taoiseach can tell the people of the State that no further money would be put into banks until the financiers and gamblers who made a profit on the back of the Irish people were forced to take a hit, but that he would quickly abandon this position when meeting his European counterparts.

"The drain of payments to creditors and absentee investors has made the Irish debt burden unsustainable. Today’s statement by the Taoiseach is another violation of the mandate given to him. Enda Kenny has failed to deliver on the interest rate and now on burden sharing."


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