Enda Kenny (Mayo, Fine Gael)

This is not a time for hysterical reaction, nor is it a time for a panic-stricken reaction. The fundamental problem that the Government now faces and in which it has landed the country is that even if it produces four-year fiscal or banking plans or four-year growth projections, they will have no credibility. They will be treated in the same way by the markets as the Taoiseach's announcement only two days ago of creating 300,000 jobs. The proposal is built on a basis of shadows. The Taoiseach is tying the next Government into circumstances based on his attempts to make fiscal projections for four years ahead.

The Fine Gael banking policy outlined for the past two years has now proven to be correct yet again. Time and again, the Government has rejected all proposals that were constructive, costed and in the interest of Ireland, getting people back to work and restoring the confidence of the people. We set out those strategies,-----

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