Enda Kenny (Mayo, Fine Gael) | Oireachtas source

We will continue this process. When banking union is fully in place by the second half of next year, we will continue to make the case for implementation of the decision made on 29 June last year which still stands and which has been clarified on a number of occasions. At every opportunity the European Council has discussed it and the decision stands. That is an issue we can only deal with, as we have always pointed out, when the issue of banking union is dealt with and in place by the second half of next year.

I do not accept that the Government has thrown in the towel. The negotiations are quite complex and the argument will be made on a case by case basis. Many European countries have recognised the scale of the specific and particular circumstances this country has had to deal with and that they have to be taken into account in dealing with claims on a case by case basis.

See this speech in context