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Banking System: Motion (30 Mar 2010)

Enda Kenny: That is absolute nonsense.

Banking System: Motion (30 Mar 2010)

Enda Kenny: I had thought the Taoiseach would come in here this evening to spell out in clear and understandable English the reason the Government has chosen to put a further approximately €20 billion into Anglo Irish Bank. The announcement made today measures approximately 8.5 on the financial Richter scale. The epicentre of this financial earthquake is Anglo Irish Bank on St. Stephen's Green under...

Banking System: Motion (30 Mar 2010)

Enda Kenny: There is no plan from the Government. The banks have sent their plans, with Government input, to Europe. What is the justification for this €40 billion investment in Anglo Irish Bank, including €8 billion today, a further €10 billion in the future and €18 billion that will go into NAMA? I would have thought the choices here are pretty stark. I do not understand why in respect of...

Banking System: Motion (30 Mar 2010)

Enda Kenny: No bank manager in the country is in a position to authorise the lending of money. Bank managers at Allied Irish Bank or Bank of Ireland cannot and do not have the authority to lend money. A constituent of mine seeking to top up by €5,000 an €18,000 loan already in place was refused that loan despite his business having had a €500,000 turnover less than 18 months ago. The Government...

Banking System: Motion (30 Mar 2010)

Enda Kenny: -----in a very short period of time, right up to the limit. There are consequences for the Irish Glass Bottle site and what it means for the taxpayer.

Banking System: Motion (30 Mar 2010)

Enda Kenny: It is indicative of the way the Taoiseach has allowed Anglo Irish Bank to be saved, without explaining to the House or the nation, how he can justify it in the interests of the taxpayer and the Irish people. He will rue the day this decision was made in respect of Anglo Irish Bank, in which the taxpayer is made to take all the pain and those who invested in the knowledge that they were...

Banking System: Motion (30 Mar 2010)

Enda Kenny: Only some contributed.

Leaders' Questions (30 Mar 2010)

Enda Kenny: Today, we are expecting what amounts to the fourth bailout of the Irish banking sector. We had the announcement of the bank guarantee, the recapitalisation announcement and the NAMA announcement. Each of those announcements was, in the words of the Government, designed to get a wall of cash flowing, to sort out the banks and to make credit available for business and SMEs throughout the...

Leaders' Questions (30 Mar 2010)

Enda Kenny: I asked the Taoiseach two questions and he did not answer either of them. The Minister for Finance said yesterday that today, Tuesday, is the moment for the State to take decisive action to sort out the banking sector once and for all. We have been led to believe, as has the nation, and as is reflected in the activity in Bank of Ireland and AIB shares, that the question of recapitalisation...

Leaders' Questions (30 Mar 2010)

Enda Kenny: I asked about the Taoiseach's policy.

Leaders' Questions (30 Mar 2010)

Enda Kenny: It is €40 billion.

Order of Business (30 Mar 2010)

Enda Kenny: Under the legislation passed by the House, the Minister for Finance has very extensive powers in regard to these matters. The House is expected to do some business in regard to these phenomenal sums of money in a manner couched in financial language, which many people will have difficulty in comprehending. Is it intended that the Minister for Finance or other Government speakers would set...

Order of Business (30 Mar 2010)

Enda Kenny: It seems the reckless procedure followed here means it is being transferred onto the taxpayer. I am making the suggestion that in the interests of a proper debate and dealing with the realities of what the Government proposes we should see those plans or hear the detail of those plans this evening in the debate.

Departmental Committees. (30 Mar 2010)

Enda Kenny: I apologise to the Taoiseach for not being here earlier but I was in the Department of Finance dealing with other matters. Perhaps I could make a helpful suggestion. Part of the national emergency response is the air-sea marine rescue service. A contract in respect of helicopters will soon be signed with a major international company. Deputy Deasy and other Members from the south-east have...

Departmental Committees. (30 Mar 2010)

Enda Kenny: Question 3: To ask the Taoiseach the role of his Department in the national emergency response committee; and if he will make a statement on the matter. [12958/10]

Written Answers — Crime Prevention: Crime Prevention (25 Mar 2010)

Enda Kenny: Question 13: To ask the Minister for Justice, Equality and Law Reform the budget of the organised crime unit for 2010; the budget for 2009; and if he will make a statement on the matter. [13181/10]

Written Answers — Departmental Bodies: Departmental Bodies (24 Mar 2010)

Enda Kenny: Question 84: To ask the Minister for Transport if he will list the bodies under the aegis of his Department for which freedom of information legislation does not apply; when he expects the legislation will be extended to include these agencies; and if he will make a statement on the matter. [12900/10]

International Agreements. (24 Mar 2010)

Enda Kenny: It is clear that a low carbon economy can be very competitive. The national climate change strategy was, in reality, a wish list without any real ownership or management concerning how targets would be achieved. Although we were close to meeting these targets last year this was because of imploding economic circumstances which brought these targets more sharply into focus. There is no...

International Agreements. (24 Mar 2010)

Enda Kenny: I understand that there are literally hundreds of millions of euro backed up, in investment potential for alternative energy and for renewable energy. The central problem is the capacity of the grid to deal with this. Regardless of who is in government, we will continue to lag behind over the next 20 years if that central issue is not resolved. I am aware that EirGrid has laid out its...

Requests to move Adjournment of Dáil under Standing Order 32 (24 Mar 2010)

Enda Kenny: The Ceann Comhairle should let the Deputy read out his matter.

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