Enda Kenny (Mayo, Fine Gael)

I would be supportive in principle of a banking union. As I stated, I believe it is a matter that could be brought to a conclusion successfully and a lot quicker than people might imagine, if the will to do it exists. It is less complex a project than others in terms of people's views of fiscal union.

I do not want to speculate and will not comment on the question in regard to the euro and eurozone. We support the euro and eurozone. Our people gave their view on that in terms of the referendum on the fiscal stability treaty. I am aware of the commentary to which Deputy Ross referred. I would not venture to speculate on it. We must move on in the belief that the political process can deal with the crisis in the eurozone and do so effectively.

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