Enda Kenny (Mayo, Fine Gael)

Is it intended that the Bill will involve the merger of the Central Bank and the functions of the Financial Regulator? We saw further resignations from a financial institution today. Everywhere one goes around the country, one is faced with small businesses and retailers who are unable to get lines of credit extended to them and jobs are being lost on a daily basis. We do not have a currency of our own but are part of the eurozone and the euro. Having examined the situation, does the Government intend to merge the Central Bank and the Financial Regulator? Is that the essence of the proposed Bill? Given the House will not sit next week, when does the Taoiseach expect it to come before the House?

See this speech in context