12 Feb 2013, 20:02
Chairman of Committee on Finance, Public Expenditure and Reform Ciarán Lynch TD today had an informal meeting with German Deputy Finance Minister Steffen Kampeter in Leinster House today, Tuesday 12th February.
Deputy Lynch said: “We had a very positive, enlightening and productive meeting which dealt with a number of key issues of mutual interest, including the recent promissory note deal, the Multiannual Financial Framework agreed at the European Union Summit last week which sets out the EU’s spending plans for 2014-2020, banking union and general economic matters.
“We discussed how Europe needs a positive bailout exit story, and how Ireland could be that success story. Notwithstanding last week's deal on the promissory notes, it was emphasised that the issue of direct bank recapitalisation by the ESM, which would separate banking and sovereign debt, needs to be progressed as a matter of urgency and not be left to slip down the wider political agenda.
“I was delighted to have this opportunity to discuss many of these issues and we’re looking forward to revisiting many of these matters when the Chairpersons of Finance Committees of EU Member States and the European Parliament meet on 24-25th February to discuss future strategies for better integration, growth and budgetary control. This meeting forms part of the parliamentary dimension of Ireland’s EU Presidency.”
For further information please contact:
Ciaran Brennan,
Houses of the Oireachtas,
Communications Unit,
Leinster House,
Dublin 2
P: +3531 618 3903
M: 086-0496518
F: +3531 618 4551
Committee Membership
Deputies
Richard Boyd-Barrett, People Before Profit
Michael Creed, Fine Gael
Pearse Doherty, Sinn Fein
Stephen Donnelly, Independent
Sean Fleming, Fianna Fáil
Joe Higgins, Socialist Party
Heather Humphreys, Fine Gael
Kevin Humphreys, Labour Party
Peter Mathews, Fine Gael
Mary Lou McDonald, Sinn Fein
Ciarán Lynch, Labour Party (Chairman)
Michael McGrath, Fianna Fáil
Dara Murphy, Fine Gael
Timmy Dooley, Fianna Fáil
Kieran O’Donnell, Fine Gael
Arthur Spring, Labour Party
Brian Stanley, Sinn Féin
Billy Timmins, Fine Gael
Liam Twomey, Fine Gael
Simon Harris, Fine Gael
Aodhán Ó'Ríordáin, Labour Party
Senators
Sean D Barrett
Thomas Byrne
Paul Coghlan
Michael D’Arcy
Aideen Hayden
Tom Sheahan