Ruairí Quinn has criticised Fine Gael for its electoral promise to compensate small shareholders that lost money on their Eircom shares. The Labour Party leader said on an interview on RTÉ Radio that the proposal had "introduced a form of auction politics that would do great damage to the body politic".
Mr Quinn said that the idea of appealing to individual sectional groups, without considering the needs of society as a whole, was "regrettable".