Dáil debates

Tuesday, 7 July 2009

12:00 pm

Photo of Billy KelleherBilly Kelleher (Cork North Central, Fianna Fail)

As I stated at the outset, ISME's survey was useful in that context. Mr. Fielding raised this issue at one of our seminars and the banks gave an undertaking they would re-advertise through their staff or inform their staff of the importance of the EIB's funding. The major banks have drawn down the funding. It is not for normal credit and short-term working capital, as criteria apply. It is for long-term working capital and liquidity purposes. The major banks were in discussions with the EIB. At a fine meeting this morning in Athlone in the Deputy's county, I met some people who spoke highly of him-----

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