Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-12-17-Speech-3-362"
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"en.20081217.24.3-362"2
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"Commissioner, I think your last comment was so appropriate. The banks need to realise that they need SMEs and have made money from them in the past.
I suppose my question is a very basic one: will this work? We may not know now if it is working, but when will we know, and at what time will we say that we need to do something else? The figure of EUR 30 billion is a significant figure, but the Irish authorities have had to inject EUR 10 billion into the banks, and some independent experts say that EUR 30 billion is needed to recapitalise the Irish banks. Perhaps you would comment."@en1
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