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Leaders' Questions (27 Jan 2015)

Enda Kenny: -----and that will not stay the course.

Leaders' Questions (27 Jan 2015)

Enda Kenny: I agree with the Deputy that this Government was given a mandate by the people-----

Leaders' Questions (27 Jan 2015)

Enda Kenny: -----and that mandate is to take into full consideration all the implications-----

Leaders' Questions (27 Jan 2015)

Enda Kenny: -----way beyond the question of €300 million or anything else. It has to do with the future of our country and its economy, with the future of our people-----

Leaders' Questions (27 Jan 2015)

Enda Kenny: -----and taking into account all the implications arising from the offer made by IAG in respect of the board of Aer Lingus.

Leaders' Questions (27 Jan 2015)

Enda Kenny: The Government will very carefully consider that and the Minister, Deputy Donohoe, will brief the Cabinet, as appropriate, and as I said to Deputy Martin, the names of the personnel to be appointed will be announced tomorrow following the tender process being completed later this evening.

Leaders' Questions (27 Jan 2015)

Enda Kenny: The place for negotiation in respect of concessions or changes to the regime that is imposed on any country is at the European Council and various Councils of Ministers. In the case of Ireland, when this Government was elected we were told repeatedly, by the Fianna Fáil Party in particular, that one would not be able to change the troika programme as laid out. However, because the...

Leaders' Questions (27 Jan 2015)

Enda Kenny: -----or has been able to deal with the situation as far as promissory notes are concerned for many years ahead. I have sent a message of congratulations to the Greek Prime Minister and wish him and the cabinet he is appointing today well. I look forward to working with him at the European Council which will take place, I understand, in the next fortnight. Our economies are very...

Leaders' Questions (27 Jan 2015)

Enda Kenny: The places to make arrangements for negotiations on debt and structural changes are the ECOFIN meetings, European meetings with various Councils and the European Council. Ireland has proven to be remarkably successful to date, and we intend to continue that. We understand the scale of the challenges facing the people of Greece, such as the unemployment rate of 25%, which is as high as 50%...

Leaders' Questions (27 Jan 2015)

Enda Kenny: As I said, we have been able to renegotiate changes to the value of €50 billion in the case of Ireland, so it is not true to say that nothing has been done.

Leaders' Questions (27 Jan 2015)

Enda Kenny: That all happened because we chose the path of engaging constructively with the institutions at a European level. While the private sector was involved in the debt restructuring in Greece in 2012, that was because of the scale of its debt, at 175% of GDP. Ireland's peaked at 123% and has now fallen to 111%, and will fall rapidly in the time ahead.

Leaders' Questions (27 Jan 2015)

Enda Kenny: Our burden has been helped significantly by the policies adopted and approved by our European colleagues in respect of the lengthening of the maturities for the EFSF and EFSM debt, the reduction in interests rates on that debt, the promissory note deal and the facilitation of the buying out of IMF loans of €18 billion.

Leaders' Questions (27 Jan 2015)

Enda Kenny: All of these have meant that our interest rates have fallen drastically and are now at an average of about 1.25%. Ireland is seen as a good and safe place to invest in, and from that point of view the Government is focused on continuing to keep our public finances in order, creating jobs and providing opportunities for our people. One of the implications of the ECB decision on...

Leaders' Questions (27 Jan 2015)

Enda Kenny: It needs another three to five years of stability in order to have the benefits felt by everybody in the country.

Leaders' Questions (27 Jan 2015)

Enda Kenny: That is our focus. I wish the new Greek Government and its prime minister very well in an unprecedented and challenging position for him and his people.

Ceisteanna - Questions (Resumed): Cabinet Confidentiality (27 Jan 2015)

Enda Kenny: As I have stated in the House on a number of occasions, Cabinet confidentiality is provided for in the Constitution and I have no plans to legislate on the matter.

Ceisteanna - Questions (Resumed): Cabinet Confidentiality (27 Jan 2015)

Enda Kenny: The intention in the discussions that took place about the formation of the Government was that it would be possible to legislate for Cabinet confidentiality. As I stated on a number of occasions, it is contained in Article 28.4.3° of the Constitution. The Government is not proposing to legislate for Cabinet confidentiality. I think that is the third or fourth time I have answered...

Ceisteanna - Questions (Resumed): Cabinet Confidentiality (27 Jan 2015)

Enda Kenny: I would say it was a good intention-----

Ceisteanna - Questions (Resumed): Cabinet Confidentiality (27 Jan 2015)

Enda Kenny: -----that people would keep matters that are discussed at Cabinet to themselves.

Ceisteanna - Questions (Resumed): Cabinet Confidentiality (27 Jan 2015)

Enda Kenny: The Deputy knows this well himself. He served in many Governments with the same constitutional provision and that did not seem to keep people quiet either. The intention was not to remove the constitutional provision or amend it. It was probably to embellish the fact that people should keep confidential matters discussed at Cabinet.

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