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

That work is under way. An updated report has been published. It is an action plan towards a capital markets union which looks at the different steps member states may be able to take to accelerate progress in how we can arrive at new ways of funding investment and delivering lending, particularly to smaller companies across the EU.

I will work in particular with Commissioner Dombrovskis and hopefully, if she is successful in her hearing on Friday, Commissioner McGuinness, to examine how we can re-energise the agenda. There is a huge difference between the economy of the EU and the eurozone in particular compared with other really big economies in other parts of the world.

See this speech in context