Dáil debates

Tuesday, 18 October 2011

4:00 pm

Photo of Enda KennyEnda Kenny (Mayo, Fine Gael)

I outlined the issues we discussed, including governance, restructuring, recapitalisation and the crisis within the eurozone. They were discussed with all three Prime Ministers. What we undertook at the negotiation table at Minister for Finance level was a phased renegotiation of the memorandum of understanding and the agreement we found on entering government. This has been done in phases in terms of the jobs initiative and the changed reflection of the Troika in respect of issues such as the minimum wage. Following this were discussions about interest rate reductions.

What we really want is to be able to prove that the decisions taken this weekend will be fair across the board. We want every opportunity to reduce the debt burden on Ireland reflected and encouraged by the European Union and eurozone in decisions made here. One does not want decisions that produce future problems for Ireland. They should apply across the board.

We have made representations constantly in the case of the opportunities that exist for a reduction of the debt burden on Ireland, and we will continue to do so. Some of the issues may well arise on Friday, Saturday and Sunday. The Deputy can take it from me that, in so far as Ireland is concerned, we will contribute cohesively and comprehensively to the discussions. I do not want to lose an opportunity to reduce the debt burden.

The discussions will-----

Comments

No comments

Log in or join to post a public comment.