Dáil debates

Wednesday, 7 March 2012

European Council: Statements (Resumed)

 

1:00 pm

Photo of Seán Ó FearghaílSeán Ó Fearghaíl (Kildare South, Fianna Fail)

Notwithstanding Deputy Ross's valid point on the behind-the-scenes discussions relating to the promissory notes, is the Tánaiste in a position to elaborate somewhat with regard to when the referendum will be held and when the Referendum Commission will be established? Is he concerned that it is going to be extremely difficult to hold the referendum prior to the summer?

The Taoiseach alluded to the growth measures included in the communiqué issued in the aftermath of the summit. It must be noted that these are measures rather than enforceable actions. In addition, the budget that would be required to enable the country to benefit enormously from these measures is not in place. Will the Tánaiste elaborate further on the position in this regard?

It has been our contention for some considerable period that in order to bring about lasting financial and economic stability, the initial design flaws in the euro must be addressed and the ECB must be reformed in a fundamental way. Was this matter discussed at the summit and does the Tánaiste have any comments to make on it? What does he envisage happening in respect of it in the future?

It was stated in the conclusions published after the summit that further work will be done in respect of a range of tax measures, including the CCCTB and financial transaction taxes. Neither of the latter would be in the interests of Ireland's economic development. In addition, initiatives of this nature would be questionable in the context of overall European growth at this juncture.

The Tánaiste will attend a meeting of the Joint Committee on Foreign Affairs and Trade this afternoon to discuss the situation in Syria. The crisis in that country is deepening. One is obliged to express grave concerns about suggestions put forward by Senator John McCain and others in recent days that the US should consider launching air strikes against Syria. Will the Taoiseach and the Tánaiste use the opportunity afforded them by their upcoming visit to the United States to raise this matter with the authorities there?

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