Enda Kenny (Mayo, Fine Gael)

In respect of both the EFSM and the European Financial Stability Facility, EFSF, the reduction will be of genuine benefit to the country over the next number of years.

The banks have been restructured and recapitalised. As Deputy Adams is aware, €1 billion of private equity has gone into one of those banks. The Government has made the decision to have the portfolio of assets of Anglo Irish Bank in the USA offered for sale and strong bids are being submitted in that regard. Confidence measures are being evidenced by this kind of momentum.

We have got a very long way to go. I will say something to the Deputy as the leader of his party. If he is interested in job creation, in this Chamber in this session he will have the opportunity to point out credible opportunities that are realistic and can be considered for implementation by the Minister, Deputy Noonan-----

See this speech in context