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Deep public anger at Government approach to banks – McDonald

10 April, 2011


Sinn Féin Deputy Leader Mary Lou McDonald has said that the Sunday Business Post/Red C Poll published yoday underlines the deep anger among the public at the Government’s approach to the banks and he accused the Government of dropping the ball again by not insisting that the Irish bank bailout be discussed at this weekend’s meeting of European Finance Ministers.

 Speaking today Deputy McDonald said:

 “Today’s Sunday Business Post/Red C Poll underlines the deep anger among the public at the Government’s approach to the banks which continues the failed policies of the previous adminsitration.

 “It is clear that people are angry that the government is not burning the bondholders and are saying that the Government’s approach to the banks was not what they voted for.

“Enda Kenny’s agreement to take Ireland’s bailout off the agenda for last month’s Summit meeting was a monumental mistake and will prove very costly.

 “The Taoiseach’s first priority at that Summit meeting should have been to stand up for Ireland yet before the meeting even started he allowed the issue to be taken off the agenda.  That is simply not good enough.

 “The Government has now dropped the ball again by not insisting that the Irish bailout be discussed at Friday’s meeting of Finance Ministers in Budapest.

 “The fact is that if we do not deal with the issue of Ireland’s debt then we are facing the nightmare scenario of a sovereign default that could plunge the whole of the EU into crisis.”

 ENDS 

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