Dáil debates

Wednesday, 13 July 2016

Ceisteanna - Questions

Cabinet Committee Meetings

2:15 pm

Photo of Enda KennyEnda Kenny (Mayo, Fine Gael) | Oireachtas source

Money is available at very low rates. A couple of months ago I wrote to President Juncker about the matter and he sent back a very good reply, offering an opening. I spoke to the European Council about it and other countries have followed suit. I met one of the chief directors of EUROSTAT, which categorises these matters in a particular way, and I have put officials here in touch with her. I expect that we will make some headway. Social housing has been ruled out for PPPs in a number of countries by EUROSTAT categorisation. I am not seeking a change in the rules but a method of accommodating the fact that people should be able to spend their own money and borrow money cheaply to provide houses. That is one instance. I will send the Deputy and the other leaders a copy of Mr. Tusk's letter and the response. I hope we can make some headway on it, given that it applies not only in Ireland but also in a number of countries which are concerned about it.

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