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Order of Business (18 Nov 2010)

Enda Kenny: -----as tourists if they are in this country for two nights.

Order of Business (18 Nov 2010)

Enda Kenny: I want you to know, a Cheann Comhairle-----

Order of Business (18 Nov 2010)

Enda Kenny: I want you to understand, a Cheann Comhairle. I heard the British Chancellor yesterday talk about giving loans to the State. I understand there is no Machiavellian intent-----

Order of Business (18 Nov 2010)

Enda Kenny: -----but the consequence of it would be that the British Government would give the State money so that AIB could pay off British banks and the Irish taxpayer would pay for that.

Order of Business (18 Nov 2010)

Enda Kenny: May I say something?

Order of Business (17 Nov 2010)

Enda Kenny: Is it intended that as the discussions take place between officials from the Central Bank, the Office of the Financial Regulator and the Department of Finance that the Opposition parties will be kept briefed on what is happening in the discussions or will they continue for a few days to a conclusion and we will be informed about what decisions have been arrived at? I hope they will not be...

Order of Business (17 Nov 2010)

Enda Kenny: To follow up, Opposition parties will not be involved in these discussions. I know the IMF is party to the discussions and as it is based in America, its representatives would understand the importance of Ireland's 12.5% corporation tax rate. That may not be shared by some European views. I expect that this will be defended by officials from the Department of Finance on the instruction of...

Order of Business (17 Nov 2010)

Enda Kenny: We have been told that discussions are taking place between officials who do not have a mandate to negotiate. As I stated earlier on Leaders' Questions, the Taoiseach and the Government does not have a mandate to negotiate an entirely new scenario with this tripartite discussion group which will effectively put the next generation in hock.

International Financial Services Centre (17 Nov 2010)

Enda Kenny: In May 2007, when the Taoiseach was Minister for Finance, he established the financial legislation advisory forum. That was to consolidate and modernise legislation governing financial regulation. The objective was to provide expert advice, support and drafting assistance in the preparation of a Bill that was to streamline the legal framework for financial services regulation. The Bill was...

International Financial Services Centre (17 Nov 2010)

Enda Kenny: The Taoiseach's predecessor spoke at the launch of the Building on Success document and referred to the establishment of the centre for financial services skills before mid-2007. Does the Taoiseach have a report on the current status of the centre? The 2008 report said it would not require capital funding and have the full support of financial and academic experts. Is that the case? What...

International Financial Services Centre (17 Nov 2010)

Enda Kenny: Some concern is being expressed that the Financial Regulator does not have sufficient staff to regulate and oversee the IFSC. Has the Taoiseach received a report on this? Is he happy the resources are being made available to the Financial Regulator so he can carry out his functions with regard to the IFSC? Given that the world is moving rapidly and the financial services industry has such...

Church-State Dialogue (17 Nov 2010)

Enda Kenny: Question 6: To ask the Taoiseach to report on the structured dialogue between the Government and the churches and faith communities; and if he will make a statement on the matter. [34788/10]

Church-State Dialogue (17 Nov 2010)

Enda Kenny: The Oblate Fathers have posted a contribution of €20 million online. The problem appears to be that, while they have assets of €81.9 million and liabilities and commitments of €61.8 million, they are anxious that an independent trust be set up. It seems this is being delayed for some inexplicable reason. The residential institutions statutory funding is on the legislative agenda....

Order of Business (17 Nov 2010)

Enda Kenny: This guarantee is not to run out until 31 December. We are told personnel from the European Commission, the European Central Bank and the IMF are coming to Ireland tomorrow to discuss structural deficiencies in the banking system. I suggest we postpone discussion on this motion for some time until we know exactly what is the extent of the new liability for which we shall have to fork out....

Leaders' Questions (17 Nov 2010)

Enda Kenny: We all know our country has serious economic difficulties, but before I ask my question of the Taoiseach, I am sure the House will join me in expressing the condolences and sympathy of everybody here on the unspeakable grief inflicted on two communities in Ballycotton and Newcastle West. These are tragedies in respect of which words are not adequate. We have been told by the Taoiseach and...

Leaders' Questions (17 Nov 2010)

Enda Kenny: -----they are coming in on Thursday. They are not coming in here to say: "Well done Brians. Well done lads. Keep at it. You're doing a great job." They are coming here effectively to dictate the terms of a bailout to the Government. I wish to ask the Taoiseach one straight question. Does he believe that it is now possible for this country to move on without the assistance of a European...

Leaders' Questions (17 Nov 2010)

Enda Kenny: The Taoiseach did not answer the straight question I asked him. Does he believe it is possible for this country to move forward without assistance now from a European bailout? He did not answer that question but went off on tangents again about discussions on the economy and all the rest of it. The point is that the banking policy of the Government and particularly of the Minister for...

Leaders' Questions (17 Nov 2010)

Enda Kenny: -----to say: "Hello, keep at it." We know that when moneys such as this become available from the fund, they come with a specific set of policy conditions, a memorandum of understanding, a generally accepted 5% annual interest rate, a 3% administration fee on top of that and strict conditions. That is what they are coming here to talk about and to dictate to the Government next Thursday....

Leaders' Questions (17 Nov 2010)

Enda Kenny: I understand that.

Leaders' Questions (17 Nov 2010)

Enda Kenny: There is still time to involve the people of Ireland in this momentous decision. The Taoiseach has no mandate to negotiate with the IMF, the European Commission and the ECB in this regard. He is doing it over the people's heads because he says his way is the only way. It is not, and it is now proven to be catastrophically wrong. The Taoiseach can go to the country and let the people elect...

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