Dáil debates

Wednesday, 2 December 2009

Photo of Kieran O'DonnellKieran O'Donnell (Limerick East, Fine Gael)

I would like to ask the Minister of State about the second Mazars report, which is being compiled by the Department. Will he insist that the report contains a breakdown of new and existing funding? The first Mazars report dealt purely with the amount of money - €32.4 billion - that had been given as credit to small and medium-sized enterprises by a certain date. It gave the relevant figure six months after that date, but it did not break down the figures to highlight the extent to which overdraft facilities are being withdrawn. It did not state whether rolled-up interest was included in the €32 billion figure on the later date. When representatives of AIB appeared before an Oireachtas committee recently, they said they had no problem with providing such a breakdown between new and existing lending. Will she insist that the most recent Mazers report, when completed, will have a breakdown showing the level of funding being provided to existing businesses?

Today Dell announced it is selling its plant in Poland. The Tánaiste is in the House today. It is critical that she should provide an assurance. Has she sought an assurance from Dell on the implications of that sale for the Limerick plant and the 1,000 jobs still there? Furthermore, will the Minister go back to Europe and ask the EU about the matter?. It allowed €54 billion to be given by the Polish Government to allow Dell establish the plant in Poland.

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