Future generations ‘saddled with debt’

The Government has been accused of saddling future generations with billions of euro of debt.

Questions were asked as to why the Government had not sought a writedown of the remaining €28bn in Anglo promissory notes owed in the deal agreed with the ECB.

Pressure was also piled on ministers to use the €1bn in savings expected from the deal to create jobs and reward the more vulnerable hit by budget cuts.