Results 1-20 of 69 for economic sovereign speaker:Enda Kenny

Leaders' Questions (5 Jul 2011)

Enda Kenny: The Deputy has put his finger on the button. The reason we are in this quandary is a relatively small number of people brought the country to the edge of economic ruin. The Government complied by transferring bank debt to sovereign debt, meaning €30 billion will be put into Anglo Irish Bank in the next ten years. The Government and the people have been put at a serious disadvantage...

Leaders' Questions (27 Nov 2012)

Enda Kenny: -----to sever the link between sovereign and bank debt and in respect of the promissory notes with the ECB. It is the intention of the Minister for Finance, on behalf of the Government, not to have to pay the €3 billion that is due in March 2013. It is in this regard that discussions are continuing to take place with the European Central Bank. I noted Deputy Martin's comments on the...

Leaders' Questions (26 Sep 2012)

Enda Kenny: First, it is important to appreciate the scale of the challenge the European Union and the eurozone faces. We are now in the fourth year of economic challenges and difficulties. The Deputy spoke of a clear and honest articulation. My job as Taoiseach and Head of Government is to deal with the other 26 EU Heads of Government when they meet in formal session. The decision taken on 29 June...

Order of Business (21 Oct 2010)

Enda Kenny: I requested an opportunity for the House to discuss our economic circumstances next week. Following last night's meeting, there was clarity on objectives and targets, as well as agreement from the Fine Gael Party and the Labour Party on those targets and dates. The main Opposition parties have given a strong signal of clarity that they agree with the Government targets. It is now time to...

Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)

Enda Kenny: ...Fine Gael and Labour formed a new Government in 2011, we promised to renegotiate the bailout programme inherited from the previous Government to secure a more affordable solution to our banking and sovereign debt crises. In particular, we committed to replacing short-term emergency Central Bank lending secured against the promissory notes used by the previous Government to bail out the...

Ceisteanna - Questions (Resumed): Official Engagements (26 Nov 2013)

Enda Kenny: ...decision taken by the Government regarding our exit from the troika programme. In these calls, I explained the decision we had taken and the key reasons behind it, namely, favourable market and sovereign conditions; strong cash reserves, historically low sovereign bond yields; public finances under control, with the Government committed to reducing the deficit to less than 3% in 2015 and...

Leaders' Questions (25 Apr 2012)

Enda Kenny: ...is a funding arrangement and that it is not necessary to hold a referendum on it because it is a funding arrangement that is entirely compatible with the Constitution. It does not in any way limit sovereignty of the State in the exercise of its economic affairs, but merely indicates the State's willingness to participate as an equal sovereign nation in the permanent stability mechanism. I...

EU-IMF Programme: Statements (14 Nov 2013)

Enda Kenny: ...credit line from our EU and IMF partners. This is the right decision for Ireland and now is the right time to take this decision. This is the latest in a series of steps to return Ireland to normal economic, budgetary and funding conditions. Like most other sovereign eurozone countries, from 2014 we will be in a position to fund ourselves normally on the markets. The Minister for...

Leaders' Questions (12 Jun 2012)

Enda Kenny: ...of the Spanish situation, when he participated in the conference held last weekend. I will make three points to Deputy Martin. First, this country is saddled with the legacy of the greatest economic disaster ever perpetrated on the Irish people and Deputy Martin was the Minister for Foreign Affairs at the time. It ill behoves him now to talk about the negotiations being carried on by...

Ceisteanna - Questions (Resumed): Seanad Referendum (24 Sep 2013)

Enda Kenny: ...the question about the financial markets. They answered very clearly, 60% to 40%, in respect of the fiscal stability treaty, despite the fact that the Government was dealing with an unprecedented economic situation in this country. People in Ireland, in the most democratic way of all, by way of secret ballot in a referendum, gave a strong endorsement of being linked to the euro and the...

Ceisteanna - Questions (Resumed): European Council Meetings (16 Dec 2014)

Enda Kenny: The objective was twofold. One element was making the decision that what occurred could never happen again in terms of breaking the link between bank and sovereign debt. As Ireland was the first and main negotiator of the arrangement, it is now a case of determining the best option for the Irish taxpayer. In other words, the Government has to make the decision in the best interest of the...

European Council: Statements (4 Jul 2012)

Enda Kenny: ...the summit in question: first, reaching agreement on a growth pact for Europe and, second, reaching agreement on a European response to the banking crisis that broke the link between banking and sovereign debt. I am pleased to report to the House that significant progress was made on both fronts. The European Council agreed a compact on growth and jobs and the Euro Summit agreed a number...

Ceisteanna - Questions (Resumed): Official Engagements (16 Jul 2013)

Enda Kenny: On 29 June 2012, the Council did decide to break the link between sovereign and bank debt. The Council did decide that Ireland would receive particular treatment because of what it called its well-performing programme. This was recognised further in public statements by the French President and the German Chancellor. The work that followed in respect of putting together the architecture...

Ceisteanna - Questions (Resumed): World Economic Forum (6 May 2014)

Enda Kenny: He could be a very good junior Minister. He put down a number of questions here. He wanted to discuss unemployment and growth, banking and sovereign debt and trade and services. He asked if I held private meetings with counterparts at the Davos World Economic Forum, whether I had any discussion on Ireland's housing and property sector there and whether I had any discussion on the...

Promissory Notes: Statements (7 Feb 2013)

Enda Kenny: ...by the end of this year would prove that a combination of intensive national reform efforts and European solidarity can deliver results. Let there be no doubt, this is no silver bullet to end all our economic problems. After the catastrophic economic management of the past decade, there is still a long way to travel in our country’s journey back to prosperity and full employment....

EU Summits (22 Jun 2011)

Enda Kenny: It is incorrect to say we are doing exactly what the previous Government did. We have inherited a situation whereby the sovereign is unable to borrow money. That is a fact. Our challenge and that of the Opposition is to get our country back to a point where it can borrow money on the bond markets and thus be in charge of its economic destiny. That is the challenge facing the entire...

Europe Week: Statements (8 May 2013)

Enda Kenny: On 10 May 1972, 41 years ago on Friday, the people went to the polls to decide whether to join what was then the European Economic Community. More than four in five people voted "Yes". As we mark the 40th anniversary of our membership this year, it is plain that the four decades since we voted have fully vindicated our choice. The Ireland of the early 1970s was a very different place. It...

Leaders' Questions (5 Apr 2011)

Enda Kenny: ...taken by the last Government. It is a decision which brings clarity and certainty to the Irish banking sector. It is a matter of fact that commentators must comment. The Lex column is not the sovereign Government of this country. Unfortunately, because of the constraints placed on the people of this country as a result of the IMF-EU deal, the options available to the new Government...

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

Enda Kenny: ...in this House will be well aware, Ireland will take up the role of the Presidency of the Council of the European Union for the seventh time and we will also celebrate the 40th anniversary of Ireland's joining what was then the European Economic Community from next January. During our Presidency, we will do our utmost to advance the work of the Council. This visit and today's address to...

European Council Meetings (3 Jul 2012)

Enda Kenny: ...explained our position regarding our efforts to reduce the costs to the State as a result of promissory notes. I was pleased by his comments in support of our continuing efforts in pursuit of our economic recovery. I also met him at the British-Irish Council summit in Edinburgh on Friday, 22 June. I spoke by telephone to Chancellor Merkel, Prime Minister Monti, Prime Minister Rajoy,...