Rabbitte: Election promises on debt restructuring not 'prudent'

Labour's Pat Rabbitte has admitted that some statements made by his Government colleagues during the General Election campaign on the issue of debt restructuring may have gone further than was "prudent".

Labour's Pat Rabbitte has today admitted that some statements made by his Government colleagues during the General Election campaign on the issue of debt restructuring may have gone further than was "prudent".

“I think that maybe it’s true that some colleagues in both parties and all parties contesting the election probably went further in the heat of an election than might have been prudent,” said Minister Rabbitte.