Irish Rural Link and German Sparkassen recently made a presentation in the AV Room of Leinster House to TD’s and Senators. Copies of presentation are available here
Ireland’s broken banks are fixed, backed by future tax take. The bankers are safe and secure. The Oireachtas Banking Enquiry is finished. The economy is on the rise and unemployment is going down, which means we can pay off that massive debt. We have it well covered. But, just in case the party peters out, let’s be prudent and keep a few billion for a rainy day for when the hangover comes around again. After all, a storm can blow up pretty quickly.