Micheál Martin (Cork South Central, Fianna Fail)

We would appreciate some specifics on the growth agenda. It is all well to talk about it but we need specific proposals on it and Ireland should be tabling some measures because an opportunity exists now, particularly in terms of something over and above the fiscal treaty. We have consistently argued the fiscal treaty is an essential step for Ireland's recovery but that it needs much more, particularly from the European Central Bank and other measures. The Tánaiste is in Paris and if he gets to meet Mr. Hollande, he might convey to him that reality does not necessarily change after elections, as we know here and elsewhere. The French may get to realise that sooner rather than later. It is important that Europe holds its nerve and keeps on a credible pathway out of this crisis.

In that context, the Greek elections, if anything, are more serious in terms of their potential implications for the euro itself. Has there been any contact across Europe following those elections on the Greek bailout programme and the serious situation it faces in terms of funding requirements? It will need a major tranche of funding shortly and the implications of a potential default would be widespread for the entire eurozone area. As a Government and a country, we must keep a watchful eye on that. I ask the Taoiseach to ensure that across Europe, the full implications of what may happen in Greece in the coming months are fully taken on board and the necessary contingency plans are made.

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