Micheál Martin (Cork South Central, Fianna Fail)

On the interest rate, we heard what happened at the last meeting of European Finance Ministers. There was some sort of bilateral meeting on the bus with the French Finance Minister and the German Finance Minister was fairly categoric and blunt in his approach to the issue, which I regret because there has to be some quid pro quo. What is required is an overall European resolution of this issue. Surely, given the response from Finance Ministers, it is time the Taoiseach took the issue to the heads of state at the next meeting and put it formally back on the agenda for resolution.

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