This government promised a “democratic revolution”. The reality has been that key economic documents are released to the Bundestag before the Dáil, and briefings on the insolvency legislation are given to the banks before the people’s representatives.
Yesterday, the Government held a press conference to announce it would be publishing the Personal Insolvency Bill on Friday, and then refused to answer questions on the content of the Bill. After that, they sat down with the bankers, showed them the Bill, and answered all their questions.
I have been contacted by constituents anxious to know what the legislation will mean for them. I’ve had to say that, even though the banks are fully briefed on the legislation, I will have no information till Friday.