Enda Kenny (Mayo, Fine Gael) | Oireachtas source

The Government set out its stall in respect of the memorandum of understanding about the possibility of the sale of State assets. Originally, the troika required that any revenue coming from the sale of State assets would have to go in its entirety to debt reduction. Following a number adjustments to the programme and having built up a strong relationship between the troika and both Ministers, that was changed. The Government has since approved the setting up of the NewERA entity to deal with evaluations and assessments for potential sales of State assets. The Government has not made any decision about the decision to sell, other than to list a number of opportunities for the sale of State assets. One of those, of course, was Coillte. Work is proceeding on the assessment and valuation of this and a number of other assets. I would not be too far gone on reports in the newspapers.

See this speech in context