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Seanad: Ireland's Presidency of the Council of the European Union: Statements (25 Oct 2012)

Lucinda Creighton: I have stated my support.

Seanad: Ireland's Presidency of the Council of the European Union: Statements (25 Oct 2012)

Lucinda Creighton: Unquestionably, we will happy to work with Members in that regard.

Seanad: Ireland's Presidency of the Council of the European Union: Statements (25 Oct 2012)

Lucinda Creighton: I am not sure how long I have. As I was told statements would end at 1 p.m., that would give me one minute. As I am under pressure, maybe on the next occasion-----

Seanad: Ireland's Presidency of the Council of the European Union: Statements (25 Oct 2012)

Lucinda Creighton: -----we can try to discuss the timing before we kick off. It will be impossible for me to respond to all the issues raised and I am disappointed. This is not the first time it has happened in the Seanad but I apologise in advance. It would be useful for me to respond to the points made. A number of questions were raised and I will try to address them. Senator Leyden asked whether the...

Seanad: Ireland's Presidency of the Council of the European Union: Statements (25 Oct 2012)

Lucinda Creighton: I have already mentioned that matter.

Seanad: Ireland's Presidency of the Council of the European Union: Statements (25 Oct 2012)

Lucinda Creighton: I am a current Member of the Dáil.

Seanad: Ireland's Presidency of the Council of the European Union: Statements (25 Oct 2012)

Lucinda Creighton: Do not write me off yet.

Seanad: Ireland's Presidency of the Council of the European Union: Statements (25 Oct 2012)

Lucinda Creighton: I am pleased to have the opportunity to address the House on preparations for Ireland's Presidency of the Council of the European Union. I will also update Members on the outcome of last week's European Council meeting. With 67 days left until 1 January, work is intensifying at all levels. We are now also getting a much clearer sense of the issues on the agenda of the Council in the first...

Address by H.E. Mr. Martin Schulz, President of the European Parliament (4 Oct 2012)

Lucinda Creighton: I am pleased to join my colleagues in the Houses of Parliament to welcome Mr. Schulz. This is a great opportunity to celebrate once again our strong and deepening relationship with the European Parliament, which we consider to be vital. When the Government came into office last year, one of the first things we did was to hold in this Chamber for the first time a joint sitting of the Irish...

European Council: Statements (4 Jul 2012)

Lucinda Creighton: It is a step in the right direction, in that we have always envisaged a greater role for the ESM. In this regard, the Irish position extends further than what was agreed at the summit. The Taoiseach, the Minister for Finance and I have advocated a banking licence for the ESM, which would dramatically enhance the fund's capacity to purchase bonds and apply leverage. However, this is...

European Council: Statements (4 Jul 2012)

Lucinda Creighton: Clearly, it did not deal with it, as it was not agreed to in the conclusions. There are different opinions. As a former Minister for Foreign Affairs and having sat at the Cabinet table for 14 years, the Deputy is well aware that the European decision making process is consensual. While our vision for the ESM is more ambitious than that agreed to date, we must bring other member states with...

European Council: Statements (4 Jul 2012)

Lucinda Creighton: It is a new step in the right direction.

European Council: Statements (4 Jul 2012)

Lucinda Creighton: There are various interpretations of the ECB's potential. For example, the President of the Commission, Mr. Barroso, has made statements in the past 24 hours on the potential for the ECB to act, notwithstanding the reservations of certain member states. We must see how this plays out. There is a precedent for ECB intervention and I do not agree with the Deputy that it has been...

European Council: Statements (4 Jul 2012)

Lucinda Creighton: Significant opposition.

European Council: Statements (4 Jul 2012)

Lucinda Creighton: I agree.

European Council: Statements (4 Jul 2012)

Lucinda Creighton: Yes. Since some of these questions are likely to arise again, I will try to answer them. I disagree with Deputy Micheál Martin's suggestion that the 1% commitment to the growth pact is inadequate. Bearing in mind that there was no growth pact one week ago, it is a significant development. I am unsure as to whether the Deputy, like his party's previous leader, has experienced a redirection...

European Council: Statements (4 Jul 2012)

Lucinda Creighton: Particularly as a former Minister for Enterprise, Trade and Employment, I would have expected him to understand the value of the Single Market and the potential for growth that could be unleashed by implementing the Single Market Act and driving the energy efficiency agenda, the digital Single Market and so on. To suggest the only way to create jobs is to pump billions of euro that no member...

European Council: Statements (4 Jul 2012)

Lucinda Creighton: We have not.

European Council: Statements (4 Jul 2012)

Lucinda Creighton: We have only ever referred to-----

European Council: Statements (4 Jul 2012)

Lucinda Creighton: -----the limited potential of a growth pact.

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