Maurice Cummins (Fine Gael)

Senators Sheahan and Conway spoke about the role of the Referendum Commission and whether we should have somebody here from the commission to outline its proposals about the referendum. The commission is an independent body, but we will see what can be done in that regard. Senator Norris asked when Committee or Report Stages of Bills should be taken. I was only adhering to procedures when saying that Committee or Report Stage would be held next week; that is the normal procedure. We are not fully aware of when exactly these will take place. I understand the Senator's point, but I can assure Members that I am in no way misleading the House by suggesting these may take place next week when they may not take place for another week or two. I am adhering to the procedures of the House in that regard.

Senator Mullins mentioned high-potential start-ups. There was an exhibition in the Mansion House yesterday that I attended, and it was very encouraging to see so many people involved in start-ups. Such companies are the future and the lifeblood of our economy. I compliment each and every one of the companies involved in that exhibition. They were wonderful companies and they are the future of our country.

Senator MacSharry and other Members asked about the promissory notes. I can assure them this issue is being negotiated by the Government with the EU, and these negotiations will continue. I have the utmost confidence in the Minister for Finance, and I hope we will have early success in our negotiations.