Brian Cowen (Laois-Offaly, Fianna Fail)

First, the Government contacted our permanent representative in Brussels yesterday, arising out of our Cabinet meeting yesterday, to inquire as to what assistance is available from the EU in respect of various solidarity funds and other emergency funding that arises when floods occur and where serious problems arise. That matter is in hand and is being proceeded with in the normal and appropriate way.

Second, in regard to the question about the banking situation and the difficulties that businesses will face in this situation, as the Deputy said, there is the insurance aspect to all of this. In addition, as a result of meeting with representatives of the small business forum today, the Tánaiste will liaise with banks to see in what way they can assist. The Tánaiste will also ask the county enterprise boards to do an assessment at local level of the position for local businesses.

See this speech in context