Micheál Martin (Cork South Central, Fianna Fail) | Oireachtas source

The completion of the banking union is a vital part of the EMU process. The Taoiseach said the outcome of the meeting from Ireland's perspective was disappointing in that there was no specific reference to this in the final conclusions of the summit. Apparently, there was a strong statement in the draft conclusions about a common deposit guarantee system and then, in the face of inflexible resistance from Germany, that was removed and replaced with a banal statement. Can the Minister confirm that?

See this speech in context