Greens lean to short-term nationalisation of banks

GREEN Party councillors will meet tonight to discuss their approach to NAMA.

If some of the councillors have their way, short-term nationalisation of the banks could become a condition for the party’s support of NAMA when it is voted on in the Dáil. Temporary nationalisation is being pushed by a number of Green Party members who say they will seek concessions to ensure the taxpayer is protected before agreeing to allow their TDs to support the plan.

Following a number of meetings of local organisations in recent days, the party’s three county councillors and a number of town councillors will meet in Dublin tonight to discuss the NAMA legislation and the imminent review of the Programme for Government.