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Leaders' Questions (2 Nov 2011)

Enda Kenny: There is no question in Deputy Martin's comments. I remind him he was not present at any of the discussions that took place during the four meetings I attended, nor at the discussions I had with either Chancellor Merkel or Mr. Trichet.

Leaders' Questions (2 Nov 2011)

Enda Kenny: I know that-----

Leaders' Questions (2 Nov 2011)

Enda Kenny: The Fianna Fáil Party-----

Leaders' Questions (2 Nov 2011)

Enda Kenny: In the past, the Fianna Fáil Party had ways of finding out what people were saying when it was not supposed to be listening. We remember that in this House.

Leaders' Questions (2 Nov 2011)

Enda Kenny: I remind Deputy Martin that when we found it was not possible to unravel the agreement his Government made with our external partners, we pursued an alternative strategy.

Leaders' Questions (2 Nov 2011)

Enda Kenny: Any comment I made on this was on the basis of not committing another cent to Anglo Irish Bank beyond what was already committed. It has not asked for more money and it will not get more than has been committed.

Leaders' Questions (2 Nov 2011)

Enda Kenny: We would not have got a €10 billion reduction in interest rate appreciation if we had defaulted.

Leaders' Questions (2 Nov 2011)

Enda Kenny: We would not have got long-term guarantees of this money and would not have got the support of our colleagues.

Leaders' Questions (2 Nov 2011)

Enda Kenny: What is required is a clear head, the retention of our confidence and our reputation. We are not going to scuttle this ship while there are challenging waters ahead.

Leaders' Questions (2 Nov 2011)

Enda Kenny: People know we are proceeding with our reputation enhanced. Ireland always pays its way and although I do not like to have to do this, in the interests of our people and the long-term future of our country, we cannot unpick what Deputy Martin's Government did. We are pursuing alternative strategies to have the debt burden reduced.

Leaders' Questions (2 Nov 2011)

Enda Kenny: The answer to the Deputy's question is twofold. I do not know the names of the bondholders, nor does the Government.

Leaders' Questions (2 Nov 2011)

Enda Kenny: I have no intention of getting on the telephone to Mr. Dukes. Any decision we take will be made in the best interests of our people and our country. I do not like the unfair situation in which we are not able to unravel an agreement made with external parties.

Leaders' Questions (2 Nov 2011)

Enda Kenny: I have no intention of turning this country into some kind of sub-Saharan state, by virtue of reckless decisions that might be made. We are pursuing an alternative strategy based on growth and the reduction of the overall level of debt burden. That has been achieved to an extent in respect of the interest rate reduction and the changes to the memorandum of understanding, which have enabled...

Leaders' Questions (2 Nov 2011)

Enda Kenny: -----guarantee funding for Ireland and other countries that are in a programme. They guarantee that if we measure up, we will have the support and confidence of our colleagues. That is the way we want to be. The longer-term picture for this country is a return to growth, rising employment, expressions of confidence by means of deposits in the Irish banks, continuing investment from abroad...

Leaders' Questions (2 Nov 2011)

Enda Kenny: This country has always paid its way and has always paid its debts.

Leaders' Questions (2 Nov 2011)

Enda Kenny: We are pursuing an alternative strategy in the interests of Ireland and its people.

Leaders' Questions (2 Nov 2011)

Enda Kenny: No, I will not do that. The Deputy has said it is not part of the memorandum of understanding. It is not.

Leaders' Questions (2 Nov 2011)

Enda Kenny: It is following on the commitment entered into at the highest level by the previous Government and our external partners.

Leaders' Questions (2 Nov 2011)

Enda Kenny: It is not part of the memorandum of understanding that the European Central Bank should pay €150 billion into the Irish banks. It is not part of the memorandum of understanding that our European colleagues should give this country a €10 billion reduction in interest rates.

Leaders' Questions (2 Nov 2011)

Enda Kenny: It is not part of the memorandum of understanding that this Government is in a position to renegotiate the memorandum in a way that creates jobs and employment opportunities for every person in this country.

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