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Saturday 16 December 2017

Vote on rescue package 'designed to embarrass'

Fionnan Sheahan Political Editor

The Dail will vote on the €85bn bailout next week -- even though the international rescue package has already been accepted and can't be reversed.

Fianna Fail decided yesterday to put forward a motion on the IMF/EU bailout after claiming last week that no vote was necessary. But the vote is aimed at embarrassing the opposition.

Even if the vote was defeated, the bailout would still go ahead. Fine Gael branded the late decision to have the vote, which will have no effect on the deal, as a piece of "grandstanding".

Fianna Fail sees the vote as a way to flush out Fine Gael and the Labour Party to express their official position on the State and bank bailout.

At a meeting of Fianna Fail TDs and Senators yesterday, a motion put forward by TDs Michael McGrath and Thomas Byrne calling for a vote to give the deal "political legitimacy" was unanimously passed.

Taoiseach Brian Cowen said the Memorandum of Understanding has been put in place "legally, legitimately and in the national interests of this country".

"However, Fine Gael, the Labour Party and Sinn Fein continue to try to make the public believe that there is an easy way out of the country's funding crisis," he said. "Given the seriousness of the situation, I do not believe this myth can be allowed to continue unchallenged".

Fine Gael finance spokesman Michael Noonan did not say which way his party would vote.

Irish Independent

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