Derek Nolan (Galway West, Labour)
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371. To ask the Minister for Jobs, Enterprise and Innovation his position on the proposal for fuller country by country reporting for all large European countries which will expand on the recent agreement on the EU Accounting and Transparency Directives; and if he will make a statement on the matter. [27896/13]

Derek Nolan (Galway West, Labour)
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372. To ask the Minister for Jobs, Enterprise and Innovation if he will use Ireland's Presidency of the EU to ensure that fuller country by country reporting for all European countries is followed through on; the form this fuller reporting will take; the way it will be monitored and regulated; and if he will make a statement on the matter. [27897/13]

Richard Bruton (Dublin North Central, Fine Gael)
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I propose to take Questions Nos. 371 and 372 together.

In the event that the European Commission were to adopt a legislative proposal for an EU measure of the kind referred to by the Deputy, with an appropriate legal basis and supported by an impact assessment, the relevant Irish Authorities would deal with such a draft measure in the same manner as all other such Commission proposals. As the Deputy will be aware the right of initiative for EU legislative measures resides with the EU Commission.