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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.

Economic Management Council (22 May 2012)

Enda Kenny: I reject all the assertions made by the Deputy.

Economic Management Council (22 May 2012)

Enda Kenny: The EMC met 55 times. It has a real work programme. The membership comprises myself, the Tánaiste, the Minister for Finance and the Minister for Public Expenditure and Reform. The council is served by civil and public servants, as is appropriate. I have no interest in allegations or assertions as to who said what in anonymous reports in newspapers. The Ministers attend Cabinet...

Economic Management Council (22 May 2012)

Enda Kenny: Obviously, growth figures are revised on a regular basis. They are not subject to a single individual criterion or condition. External demand is always an issue and it depends on whether other economies are able to purchase exports from this country. Yes, the figure has been revised down to 0.7% for this year and to 2% for next year, which is significantly ahead of both the eurozone and...

Economic Management Council (22 May 2012)

Enda Kenny: They project growth of 2.1% in 2013 and a deficit of 7.5%. The OECD's assessment of the Irish economy is that the recovery under way will gain further momentum, which is to be welcomed.

Economic Management Council (22 May 2012)

Enda Kenny: The OECD is projecting that Ireland's GDP will increase by 0.6% this year, which brings the OECD more into line with the prevailing consensus from the Department of Finance of 0.7% and the EU Commission's projection of 0.5%. IBEC gives a projection of 1%. These are all independent projections.

Economic Management Council (22 May 2012)

Enda Kenny: The Government was projecting 1.7% up to a month ago.

Economic Management Council (22 May 2012)

Enda Kenny: The Irish economy returned to growth in 2011 and I welcome the OECD assessment that the economy will continue to improve and grow for a second consecutive year in 2012. Despite the challenging times, these are very worthy of comment. Next year, the OECD expects a strengthening of activity and is forecasting GDP growth of 2.1%.

Economic Management Council (22 May 2012)

Enda Kenny: These are the OECD figures for this morning.

Economic Management Council (22 May 2012)

Enda Kenny: The Deputy asked about growth projections and I am telling him what they are. I have given the Deputy the growth projections of IBEC, the Commission, the Department of Finance and the OECD.

Economic Management Council (22 May 2012)

Enda Kenny: They are all on the plus side-----

Economic Management Council (22 May 2012)

Enda Kenny: -----with clear forecasts of projected increases for next year again, in terms of growth in the economy.

Economic Management Council (22 May 2012)

Enda Kenny: With regard to jobs, we have a rate of 1,000 job announcements per month from foreign direct investment in this country. The Deputy was very quick out of the blocks with Eli LIlly and Apple when they made their announcements about jobs in Cork.

Economic Management Council (22 May 2012)

Enda Kenny: He never questioned their job creation figures in his constituency.

Economic Management Council (22 May 2012)

Enda Kenny: Why would he? Of course, they are welcome. I had to drag out of Deputy Adams an acknowledgement of the 1,000 jobs in Dundalk created by PayPal. I would like if these figures were higher and that is the priority of the Government. It is focused both on our indigenous economy of small and medium enterprises and business and on continuing the strong line of investment into this country....

Order of Business (22 May 2012)

Enda Kenny: It is proposed to take No. 20, statements on pre-European Council Meeting of 23 May 2012; No. 1, Qualifications and Quality Assurance (Education and Training) Bill 2011 [Seanad] - Second Stage; No. 21, Credit Guarantee Bill 2012 - Second Stage (resumed), to be taken on the adjournment of Private Members' business. It is proposed, notwithstanding anything in Standing Orders, that the Dáil...

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