Enda Kenny (Mayo, Fine Gael)

If the Deputy checks the Minister's words he will see that is what he said. We made it perfectly clear when this deal went through that we considered it a bad deal for Ireland and a bad deal for Europe and that it required adjustment so that Ireland could live up to its responsibilities in being central to the European process and in paying our way. The deal was structured at the time on the basis of Ireland being able to do that while at the same time allowing us to grow our economy and trade our way to a position where we are able to pay back what was given to us as a loan under the package. The extra flexibility and the extra tools that are required were the points of discussion at the meeting of the Ministers for Finance and will be again at the upcoming European Council meeting and as things become clearer when the stress tests are completed.

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