Ivor Callely (Fianna Fail)

I listened with interest to Senator Quinn's contribution. I have great respect for the Taoiseach's knowledge and understanding of the economy. If anybody understands the difficulties we face, it is him. Certain people are playing games in the economy. I concur with Senator Quinn regarding the pressures on companies but let us not fool ourselves about the games being played by banks in advance of NAMA. They may be able to get a rent roll of a company if it is put into liquidation now rather than being absorbed by NAMA.

Unions are also playing games. It is time we put our cards on the table. Many people are prepared to acknowledge our problems and to work towards a solution. I support the calls for a debate on this issue.

I ask the Leader to arrange for a briefing on the protection of trade marks and intellectual property for companies which run into difficulties. I understand Irish companies are not protected to the same extent as elsewhere.