Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-04-05-Speech-2-073-000"

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"en.20110405.3.2-073-000"2
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"Madam President, I do not like to be in tow or obligated to anybody and neither do the Irish people – an independent race. For that reason the recent EU-IMF bail-out hurt the Irish people badly. However, I do not share the opinion that Europe is to blame for it. It was largely due to Ireland’s incorporated banks, regulator and government, not the Irish people – but the Irish people are now being forced to pay the price and the burden is too large. For that reason I would ask two things: one, the interest rate should be reduced, and I would like to thank Commissioner Rehn and President Barroso for their vibes in that regard. Secondly, I think bondholders will have to pay a price – if not a haircut then, at the very least, they deserve a bit of a shave. Individuals do not get a guaranteed interest-free investment and neither should bondholders. If those two things were done then we might be able to make progress."@en1
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