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Seanad: EU Fiscal Compact Treaty: Statements, Questions and Answers (Resumed) (16 Feb 2012)

Lucinda Creighton: It is hugely important. With regard to whether we sought a debt write-down, the Minister for Finance had informal but high level contacts with the ECB, with Mr. Jean-Claude Trichet and with other member states and finance ministers. It was made abundantly clear that there was no question of a write-down being agreed in a mutual sense at this time. There has been some criticism of my party,...

Seanad: EU Fiscal Compact Treaty: Statements, Questions and Answers (Resumed) (16 Feb 2012)

Lucinda Creighton: We are committed to making our debt burden as manageable and sustainable as possible. In the past 11 months, we have already achieved many concessions, most notably at the July summit when the interest rate on our loans was reduced and the maturity date extended.

Seanad: EU Fiscal Compact Treaty: Statements, Questions and Answers (Resumed) (16 Feb 2012)

Lucinda Creighton: The Senator does not know what he is talking about, because he was not there.

Seanad: EU Fiscal Compact Treaty: Statements, Questions and Answers (Resumed) (16 Feb 2012)

Lucinda Creighton: I will not come before this House with Senator Mooney in the Chamber if he accuses me of being a liar. That is unparliamentary language and it is untrue. I ask him to withdraw the accusation.

Seanad: EU Fiscal Compact Treaty: Statements, Questions and Answers (Resumed) (16 Feb 2012)

Lucinda Creighton: Senator Mooney just called me a liar.

Seanad: EU Fiscal Compact Treaty: Statements, Questions and Answers (Resumed) (16 Feb 2012)

Lucinda Creighton: I thank the Leas-Cathaoirleach and Senators for their generous invitation to come back to the House. It seems as if I am spending more time in the Seanad than in the Dáil these days, but that is certainly not a complaint. I very much value the opportunity to do so.

Seanad: EU Fiscal Compact Treaty: Statements, Questions and Answers (7 Feb 2012)

Lucinda Creighton: I thank the House for the opportunity to brief it on the European summit that took place on Monday. I appreciate the opportunity for a good exchange, and to date the exchanges have been robust, interesting and constructive in this House. I specifically want to brief Senators on the new treaty on stability, coordination and governance in the economic and monetary union. I previously briefed...

Seanad: EU Fiscal Compact Treaty: Statements, Questions and Answers (7 Feb 2012)

Lucinda Creighton: We will continue to strongly advocate for the best possible outcome for Ireland in Europe. That is where our vital national interests lie and that is where our energies will be directed. The people elected us one year ago to do a tough job for them but, at all times, to advocate and defend Ireland's interests. That is what we have done with this treaty and that is what we will do in...

Seanad: EU Fiscal Compact Treaty: Statements, Questions and Answers (7 Feb 2012)

Lucinda Creighton: The Attorney General provides independent legal advice. If Senator Leyden is calling into question the integrity of the Attorney General-----

Seanad: EU Fiscal Compact Treaty: Statements, Questions and Answers (7 Feb 2012)

Lucinda Creighton: That was a bizarre statement.

Seanad: EU Fiscal Compact Treaty: Statements, Questions and Answers (7 Feb 2012)

Lucinda Creighton: It has never been suggested they were not.

Seanad: EU Fiscal Compact Treaty: Statements, Questions and Answers (7 Feb 2012)

Lucinda Creighton: As I said to Senator Thomas Byrne on my last occasion in this House when the same issue was raised, members can look at the records for parliamentary question and the questions tabled by myself and other Deputies on the then Opposition during the last election.

Seanad: EU Fiscal Compact Treaty: Statements, Questions and Answers (7 Feb 2012)

Lucinda Creighton: It clearly shows the representation by Ireland, much of which was not at ministerial level.

Seanad: EU Fiscal Compact Treaty: Statements, Questions and Answers (7 Feb 2012)

Lucinda Creighton: This has changed with the change in Government.

Seanad: EU Fiscal Compact Treaty: Statements, Questions and Answers (7 Feb 2012)

Lucinda Creighton: Unless the answer is given by Ministers from the last Government.

Seanad: EU Fiscal Compact Treaty: Statements, Questions and Answers (7 Feb 2012)

Lucinda Creighton: There is no referendum.

Seanad: EU Fiscal Compact Treaty: Statements, Questions and Answers (7 Feb 2012)

Lucinda Creighton: We circulated many such papers.

Seanad: EU Fiscal Compact Treaty: Statements, Questions and Answers (7 Feb 2012)

Lucinda Creighton: How long do I have?

Seanad: EU Fiscal Compact Treaty: Statements, Questions and Answers (7 Feb 2012)

Lucinda Creighton: Okay.

Seanad: EU Fiscal Compact Treaty: Statements, Questions and Answers (7 Feb 2012)

Lucinda Creighton: I do not have all day, unfortunately. I will try my best to answer the questions that were asked.

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