The Dáil has completed the initial stage of the emergency legislation giving effect to the €400bn guarantee the Government is offering to a range of financial institutions.
Minister for Finance Brian Lenihan said it was not a bail-out; the Opposition questioned aspects of the measure in a debate that will continue today.
Brian Lenihan opened the emergency debate by insisting that the measure was not aimed at protecting banks but at safeguarding the Irish economy.
It was not a bail ou... read more »
