Enda Kenny (Mayo, Fine Gael)

I am concerned with the banks recapitalisation problem. The National Pensions Reserve Fund (amendment) Bill will give effect to the Government decision to recapitalise the banks. On yesterday's Order of Business, I asked the Tánaiste and Minister for Enterprise, Trade and Employment when it was expected the Bill would come before the House. There are streams of cases where credit and overdrafts are not being extended to firms and this is impinging on them doing their business.

The Taoiseach should be aware of some movements in creating new companies that may be deemed to be bad companies later. This will have an impact on choices being made later as to what assets are picked by developers and so on.

See this speech in context