Greens: Govt should suspend SSIA scheme
The Green Party has slammed the Government's continued operation of the Special Savings Investment Accounts (SSIA) scheme.
The party said the initiative remains in operation to the detriment of social projects such as housing and its continued operation is an ongoing mismanagement of public finances that's damaging the economy.
Finance spokesperson Dan Boyle said the Government has no option but to suspend the scheme.
Mr Boyle said: "I think the only thing keeping the scheme going is the pride of the Minister for Finance, Charlie McCreevy.
"All commentators are realising it's a scheme that is unworkable, and is causing untold damage.
"As the realisation of that becomes greater and greater within our political system, the Government will have no option but to put this scheme on hold and use the resources to better effect," he said.
