Seanad debates

Thursday, 9 October 2014

10:40 am

Photo of Sean BarrettSean Barrett (Independent) | Oireachtas source

I note that the Irish banks have been in Frankfurt in the last few days to discuss the forthcoming stress tests with the ECB. As noted by John Walsh in the Irish Examinertoday, the last round of stress tests were far too soft. We need to replace zombie banks with working banks and to get a greater level of economic expertise in there. I express the hope that the stress tests in Irish banks will be brought to a speedy conclusion.
I note and welcome the statement by Dublin Port Company at An Bord Pleanála yesterday to the effect that it does not intend to engage in further in-fill in Dublin Bay, either at Clontarf or Sandymount. Having the Dublin Port Company in harmony with its neighbours is to be commended. It presents the port area and Dublin Bay, including Bull Island, as an amenity and environmental facility for the citizens. That harmony between the port company and the citizens is much to be welcomed. People like Sean Dublin Bay Loftus spent a great deal of their political careers trying to ensure that harmony would break out. It is welcome that the company now sees a better relationship with its neighbours from Sutton right around to Sandymount.

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