Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

I thank the Deputy for his good wishes. I will absolutely do my best to live up to my responsibility as Eurogroup president and to fulfil the mandate I have been given.

Deputy O'Sullivan put a question to me. I hope in the coming days to receive a report that will consider several of the issues the Deputy has touched upon. The Deputy asked about the relationship between the regulator and the credit union movement. There are always issues in the relationship between any part of our economy that is being regulated and the regulator. Yet, in my engagements with the Central Bank on regulation of the credit union sector I find the bank officials appreciate the difference between this part of the financial services sector in our economy and the larger banks and larger organisations. They recognise that and that recognition is reflected in the decisions I have taken on levies as well. When the report is available there might be an opportunity for me to return to the House with an update on the report and hear the views of Members on the future of the movement.

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