Pat Rabbitte (Dublin South West, Labour)

I agree with the Deputy about leveraging jobs in the State sector wherever we can. The Minister of State, Deputy O'Dowd, has been preoccupied with this issue for more than the last six months. Wherever we can source investment for the creation of new employment connected with the State companies, we will do that. For example, one of the major projects the Minister of State, Deputy O'Dowd, has been concerned with is the creation of a water utility company. Therefore, I have no difference with Deputy Healy on that issue.

As regards the prospective settlement in the eurozone concerning the Greek debt problem, the Deputy will have heard the views of my colleague, the Minister for Finance, Deputy Noonan, including his public statements on the bondholders issue as it relates to Anglo Irish Bank. At this stage, I do not know - I do not know if anybody knows - whether a settlement in the wider eurozone will be concluded this weekend. Plainly, it is a matter that concerns all member states and especially Portugal and Ireland. What concerns us particularly are the settlement terms to be agreed. It is important that there be a settlement, if not at the weekend, then as soon as possible thereafter.

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