Leo Varadkar (Dublin West, Fine Gael) | Oireachtas source

As Deputy Howlin probably picked up from my remarks on the previous group of questions, my assessment of the characteristics of the new President of the ECB is very similar to the Deputy's assessment. I agree that Mario Draghi has done a very good job in saving the euro and keeping interest rates low. He pursued a policy of quantitative easing when it was necessary. It is still necessary at this point in time. I would like the next President of the ECB to be somebody of a similar mindset who would continue to adopt similar policies to those of Mr. Draghi. It is useful that the position of chief economist of the ECB is now held by an Irish person in the shape of Philip Lane.

Deputy Micheál Martin asked about revenue raising on two occasions. I am not sure if I misunderstood the question. We are not advocating any new EU-wide taxes. That is not something we propose.

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