Tánaiste: SF offering no alternatives to paying bondholders

Tánaiste Eamon Gilmore has today criticised Sinn Féin for walking out of the Dáil after the Government's refusal to debate the €700m payment to Anglo bondholders.

There were angry scenes in the Dáil, when Taoiseach Enda Kenny defended the payment, saying a failure to honour the debt would have hampered Ireland's efforts to get a €10bn interest rate reduction in the future.

Mr Kenny also blamed the ECB for failing to allow Ireland to burn the Anglo bondholders.

However, Sinn Féin's Gerry Adams said he would not stay in the Dáil while the Government refused to allow a proper debate on the matter.

Afterwards, Tánaiste Eamon Gilmore criticised Sinn Féin, saying that they had failed to put forward any credible alternative.

"They’re offering no alternatives," he said.

"The reality here is that we have a serious difficulty.

"As a country, we are working to renegotiate the terms of the arrangements that were entered into by the last Government – that’s not something that can be done overnight."

Email Updates

Receive our lunchtime briefing straight to your inbox

Related Articles

Investigator accepts aspects of Sean FitzPatrick investigation 'colossally prejudiced'

Former Anglo executives begin appeal against their convictions

More in this Section

Dublin's Port Tunnel closed today for charity run

Bus Éireann strike: 'This is the 21st century, we need proper funding of public transport'

Calls for action over Garda breath test and court summons scandals

Efforts underway to recover body of Rescue 116 crewman


Today's Stories

Points fiasco may see drivers sue the State

Garda and safety probes begin as worker injured setting up Funderland funfair

Psychiatric report due over sex ‘fantasy’

Family has an agonising wait for return of Danielle McLaughlin's body

Lifestyle

Layer up to create a cosy, comfortable home

Tips on how to keep a lawn in good shape

Conversations with Grandma: Four writers talk feminism and life with their grandmothers

What one dad really thinks about Mother’s Day

More From The Irish Examiner