Results 38,461-38,480 of 51,299 for speaker:Micheál Martin

European Council: Statements (4 Jul 2012)

Micheál Martin: We should state how Ireland sees Europe evolving and what is in the best interest of Ireland. We must engage citizens. What is clear from the Taoiseach's speech, which he did not say last weekend, is that we will need treaty change in Ireland. There will be further referendums on this point and we should tell people that and explain to them why it is necessary and in the best interests of...

European Council: Statements (4 Jul 2012)

Micheál Martin: I am, but I am wondering if it is tied into the fiscal, monetary and political union issue. The political and economic issues on the agenda for the next six months are profound. For Ireland, the time has long since come when our Government should start articulating exactly where it stands on these reforms. They are even more important than debt issues in determining when the recovery will...

European Council: Statements (4 Jul 2012)

Micheál Martin: I raised the question of the European Stability Mechanism becoming involved in buying Italian bonds on the secondary market. A central dynamic of the crisis has been investor fear about the lack of a lender of last resort. In essence, the ESM will replace the European Central Bank in terms of buying bonds on the secondary market. The ECB did this for some time, but it did not work. I...

European Council: Statements (4 Jul 2012)

Micheál Martin: Does the Minister of State accept that the summit did not deal with the issue?

European Council: Statements (4 Jul 2012)

Micheál Martin: Not necessarily.

European Council: Statements (4 Jul 2012)

Micheál Martin: The ECB is-----

European Council: Statements (4 Jul 2012)

Micheál Martin: It has not. The crisis almost became a catastrophe last weekend because of successive failures to intervene decisively as the lender of last resort. There is opposition to the ECB becoming that lender-----

European Council: Statements (4 Jul 2012)

Micheál Martin: -----but we are replacing it with the ESM which does not have the firepower to fight a run on the bond market. Spain and Italy combined have a bond stock valued at €3 trillion. They must be kept in the market-----

European Council: Statements (4 Jul 2012)

Micheál Martin: -----or else everything will collapse. I accept the Minister of State's acknowledgement that the summit did not deal with the central driver of the crisis. I will ask a brief question before handing over to other Deputies. Does the Minister of State agree that allocating 1% of the overall European budget to the growth agenda is inadequate and that the tortuous mechanisms being devised via...

European Council: Statements (4 Jul 2012)

Micheál Martin: Did I say that?

European Council: Statements (4 Jul 2012)

Micheál Martin: No. That is what the Government has been suggesting for the past 12 months.

European Council: Statements (4 Jul 2012)

Micheál Martin: The Minister of State should avoid her partisan nonsense and answer the questions asked.

European Council: Statements (4 Jul 2012)

Micheál Martin: A growth pact.

European Council: Statements (4 Jul 2012)

Micheál Martin: The Minister of State should read the Taoiseach's comments in The Irish Times last Wednesday. He stated he wanted to get project bonds up and running.

European Council: Statements (4 Jul 2012)

Micheál Martin: I did not say that.

European Council: Statements (4 Jul 2012)

Micheál Martin: The Minister of State does not believe in the growth pact. What is she talking about?

European Council: Statements (4 Jul 2012)

Micheál Martin: There needs to be a transfer of surpluses.

European Council: Statements (4 Jul 2012)

Micheál Martin: The Minister of State is about the only one with that view.

European Council: Statements (4 Jul 2012)

Micheál Martin: What about the tax policies?

Written Answers — Tourism Promotion: Tourism Promotion (3 Jul 2012)

Micheál Martin: Question 103: To ask the Minister for Transport, Tourism and Sport if he has been invited to attend the Olympic Games in London; and if he will make a statement on the matter. [26511/12]