Dáil debates

Tuesday, 22 March 2011

3:00 pm

Photo of Enda KennyEnda Kenny (Mayo, Fine Gael)

There has also been a lack of trust in respect of the way Ireland has had to conduct its business, which was epitomised by the French Minister for Finance walking out of a meeting at a crucial time and her non-acceptance of what was being said. Comments made on behalf of Government which were neither achieved nor capable of being achieved led to a sense of confusion.

There is no point in turning away from a crisis. It must be faced. There is a serious challenge ahead for Ireland. We will all be in a much stronger position to deal with the crisis when we are aware of its full extent, and we do not know what its full extent might be. Until the bank stress tests are completed, the adequacy of the preparation of a response to the crisis will not be clear.

The Government is considering a number of measures. The Minister for Finance has been speaking to his European counterparts and to the Central Bank about those measures and about the financial position in which we find the country. This is a legacy that must be dealt with. I would like to be absolutely clear about the scale of the problem. I will not know this, nor will Deputy Martin, until the bank stress test results are published.

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