Dáil debates

Wednesday, 31 May 2017

12:05 pm

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

The problem here is to get the system moving from the total collapse of a number of years ago to provide the number of houses, social and everything else, that is now needed. The Minister has raised the question of the treatment of capital at European level in his discussions with Finance Ministers but it has to be paid back. I know Deputy Martin supports the proportionate sale of AIB here. Obviously, the question of demographics has been raised by us repeatedly and we have identified the kind of country we would like to see and the infrastructure it will require over the next ten, 15 and 20 years. There is a need for increased capital expenditure, but one has to have the engine of an economy to drive that. Clearly from a European point of view, investments that will come from the loan process with the European Investment Bank will have a significant impact on some of the very major infrastructure projects that lie ahead.

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