Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-05-Speech-2-717-000"

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"Commissioner, you said that other players would be encouraged to enter the Irish banking market. Can you be a little bit more precise about that? What exactly do you mean by encouraging them? What steps would you see as appropriate for that? Secondly, you said that because of earlier decisions, the bank guarantee, etc., we could not now impose haircuts on senior bondholders. Your argument here is the existence of earlier guarantees, yet, at the same time, we have Angela Merkel saying that post-2013 there will be burden-sharing. So it seems to me that we are in an interim phase at the moment, and I would just like your comments on that please."@en1
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"en.20110705.40.2-717-000"2
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