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."


Related Articles

Irish Banking Resolution Corporation still party to 138 legal actions

Michael Clifford: Six years behind bars as a banking star crashes to Earth

More in this Section

Motorists to deal with changing speed limits on M50 to increase traffic flow

Gardaí question three man and teenager in connection with Jamie Tighe Ennis murder

Poll shows voters split between General Election and maintaining current govt

Simon Coveney to meet Barnier over Brexit negotiations


Breaking Stories

Meet the A-listers of Zeminar 2018

Impressive double act kicks off Wexford Festival Opera

Boyhood dream becomes a reality for filmmaker George Morrison

More From The Irish Examiner