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Departmental Strategy Statements (22 May 2012)

Enda Kenny: I reject the report, that I have heard about, of comments attributed to and alleged to have been made by the Minister, Deputy Rabbitte. He was clear and categoric in his response to that, stating that no such thing was said by him. In the past, there were parallel departments of finance. There was a semblance of a department of finance in the Department of the Taoiseach, keeping a close...

Departmental Strategy Statements (22 May 2012)

Enda Kenny: Deputy Martin said that the jobs strategy is not working. It would be wonderful to be able to report job creation figures like we had back in the 1990s when the then Minister, Deputy Bruton, was announcing 1,000 new jobs a week. Clearly, it is the kind of economic policy position to which we would like to return, where we were competitive, export driven and jobs were being created at...

Economic Management Council (22 May 2012)

Enda Kenny: I propose to take Questions Nos. 6 to 12, inclusive, together. The Economic Management Council has met 55 times since its establishment. The members met 18 times so far this year, most recently on 16 May and five times since the Easter recess. The Government intends to work closely with the Irish banks to ensure that the banking sector supports economic recovery. The members of the council...

Economic Management Council (22 May 2012)

Enda Kenny: I do not accept Deputy Higgins's assertion. He knows very well what the fiscal impact will be because the treaty states it quite clearly. A "Yes" vote guarantees access to the ESM. A "No" vote guarantees no access to the ESM. Deputy Higgins does not have to take my word for it; I am quite sure he respects Mr. Justice Feeney and the other members of the independent Referendum Commission...

Economic Management Council (22 May 2012)

Enda Kenny: I am disappointed in Deputy Higgins. He has been here for quite a considerable time and he also has some experience of Europe. He went out there for a little rest before he came back to proclaim his new method of driving our country.

Economic Management Council (22 May 2012)

Enda Kenny: I am disappointed he should decide that Mr. Justice Feeney, the chairman of the independent Referendum Commission, is not in a position to be accurate with his facts.

Economic Management Council (22 May 2012)

Enda Kenny: This is very disappointing because the people of the country, if they do nothing else, have absolute respect for the impartiality, independence, accuracy and truth of the statements made by Mr. Justice Feeney as chairman of the independent Referendum Commission. Deputy Higgins should withdraw his assertion that the commission is not being accurate or truthful in its comments.

Economic Management Council (22 May 2012)

Enda Kenny: If he reads the stability treaty, and I know from the past that he is a good reader, he will see it states on page 9: STRESSING the importance of the Treaty establishing the European Stability Mechanism as an element of a global strategy to strengthen the Economic and Monetary Union and POINTING OUT that the granting of assistance in the framework of new programmes under the European...

Economic Management Council (22 May 2012)

Enda Kenny: Arising from what Deputy Higgins said, Mr. Justice Feeney's remarks were "one of the sources of funding which Ireland which Ireland is currently availing of will not be available" in the event of a "No" vote.

Economic Management Council (22 May 2012)

Enda Kenny: I know it was not the Deputy's question.

Economic Management Council (22 May 2012)

Enda Kenny: I remind her of something she said when she mentioned her leader. She has been very categorical in her accurate misquoting of what the treaty states. Specifically she misquotes Article 12, which states that-----

Economic Management Council (22 May 2012)

Enda Kenny: -----"the ESM may provide stability support... subject to strict conditionality". There is a big difference between "may" and "will".

Economic Management Council (22 May 2012)

Enda Kenny: Her party leader was very clear in his vocal-----

Economic Management Council (22 May 2012)

Enda Kenny: -----assertions that the EU and IMF should get lost and take their money away from here.

Economic Management Council (22 May 2012)

Enda Kenny: Sinn Féin had also stated that the Government should veto the ESM and now it states that we will avail of the ESM - of course it will be all right on the night and we will get it at low interest rates. Sinn Féin has no idea of the scale of what is involved in that.

Economic Management Council (22 May 2012)

Enda Kenny: I had the privilege to sign this treaty on 2 March. The chairman of the independent Referendum Commission has made it perfectly clear for Deputy Adams and all of his party. All Sinn Féin wants to do is cause as much protest as it can around the country. I meet many of its members in various locations. I have seen some of them on a regular basis and have got to know them very well, and am...

Economic Management Council (22 May 2012)

Enda Kenny: The Deputy might tell some of those with whom she might be associated or her leader to-----

Economic Management Council (22 May 2012)

Enda Kenny: -----refrain from being over-enthusiastic or over-exuberant. In respect of what the Ceann Comhairle has said, far be it from me to-----

Economic Management Council (22 May 2012)

Enda Kenny: The Economic Management Council has had a number of meetings with the bank. Any meeting with the bank did not actually constitute, in itself, a Cabinet sub-committee. So I can say to the House and to you, a Cheann Comhairle, that the Government had a series of detailed questions for the banks, which we met collectively and individually. We asked about how the banks are ensuring SME credit...

Economic Management Council (22 May 2012)

Enda Kenny: Yes, we outlined the progress made on personal insolvency although obviously we were not in a position to outline all the detail. Banks are clearly well aware of what the Government's intention is here.

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