There is a very exciting agenda ahead of us during our Presidency on what is called the one market approach. I have a copy of it here that was given to member states last night. There is a list of items there. At the last count - it may have changed overnight - there were 42 items in that to help bring the Single Market to reality and to give us greater economic prospects. Some 17 of those were slated to be organised, done or agreed during our Presidency. We will wait and see what the leaders agree. It is a big cha…

People complain sometimes about EU rules and ask why the EU has rules on certain issues that maybe do not suit us in particular moments. The reality is those rules enable the Single Market to operate. They should be there to enable us to operate on a level playing field. The Taoiseach has already-----

I agree, and I am not saying the Deputy is wrong. I am just setting that out as an objective. We all ask why the EU is looking for this. It is always important to remember that the Single Market is there and the rules are there to facilitate the Single Market to give us as equal a shout as the Germans, French or whoever. That makes it all better for everybody. The Taoiseach said he wrote to Ursula von der Leyen on some of the issues the Deputy mentioned in regard to looking for an understanding and flexibility in r…

I fully agree. Orbán basically wrecked the economy. It shows that the link between adherence to the rule of law and democratic values and a free media is essential for economic growth. We did not get involved in the election. We did not tell the Hungarian people how to vote. We were very careful about that, even though the temptation was very strong. Over many years, the Taoiseach, Deputy Micheál Martin, and I and various Ministers who have been in government have been very strong in calling out what the Hungarians…

I would be happy to get an answer for the Deputy but as the Minister of State with responsibility for European Affairs, I just do not have sight of documents about Cuba. I will get my officials to come back to him directly on that point.

As I recall, there was nothing at the last European Council meeting but that would be a matter for a more international level.

That is the point. I will get the Minister to come back to the Deputy.

Gabhaim buíochas leis na Teachtaí as a gcuid ráiteas agus ceisteanna. Tapóidh mé an deis seo le labhairt go gairid faoi mhíreanna eile ar chlár gnó Chomhairle Eorpach Mhí an Mhárta, lena n-airítear slándáil agus cosaint na hEorpa, imirce, cruinniú mullaigh an euro, sciath don daonlathas agus cosaint leanaí ar líne. Tháinig ceannairí le chéile i gcruinniú mullaigh an euro chun machnamh a dhéanamh ar chúrsaí eacnamaíocha agus airgeadais reatha agus tionchar na coinbhleachta leanúnaí sa Mheánoirthear agus i Murascaill…

I thank the Deputy for raising this issue at a time when Ireland's contribution to the global financial ecosystem has never been more vital or more visible. I welcome the opportunity to discuss the importance of the funds industry in Ireland and the need for competitiveness. I apologise; copies of my script are on the way. We thought they had already been sent down. The latest estimate from IDA Ireland and Enterprise Ireland indicates that just over 20,000 people are directly employed in the funds sector. Furthermo…

On the alternative investment fund managers directive, the UCITS directive, the transposition was due to be done today but I am very sorry to say that this was not done by the Minister today. There will be a slight administrative delay. Work is continuing to finalise the draft statutory instruments. We hope the delay will be short and they will be ready for signature in the coming weeks. Everybody has to take responsibility for late transposition because it is a legal obligation on the State to transpose directives…

In April of last year, the Minister for Enterprise, Tourism and Employment obtained Government approval for the general scheme of the short-term letting and tourism Bill. Once enacted, this Bill will provide a statutory framework for regulating the short-term letting sector, including the establishment of a national register. The register will operate in compliance with the EU Short-Term Rental Regulation (EU) 2024/1028, which comes into effect on 20 May 2026. The register will be operated by Fáilte Ireland and wil…

I set out the position and the increase in the number of short-term lettings, even since 2022. The regulation the Deputy mentioned does impose obligations on the State to provide a register. That was passed with almost nobody voting against it in the European Parliament. Nearly 500 members of the European Parliament supported that. As set out in the A New Era for Irish Tourism document published last December, the introduction of regulatory controls for short-term letting is intended to ensure that tourism develops…

I was there with Deputy O’Sullivan at least twice.

I will not forget my visits to Glanmire. The Deputy will remember that I was quite active on the issue when the Sarsfields Hurling Club suffered a disaster. In that case, we established a unique fund so that Sarsfields and other clubs got funding because of the flooding disaster. Another project in Glanmire, unfortunately, escaped my abilities to sort out although, as the Deputy said, it was not my responsibility but that of another body. I am certainly very familiar with Glanmire. I would be only too happy if I we…

I will bring it back to the Minister. Up to eight buildings will be selected this year for the State-led initiative. That will provide places. The level of investment will ramp up during the lifetime of the Government. The initial approach is to purchase and refurbish buildings, given that that is a faster route to delivery, while the option of building new facilities will also be considered. Services will be offered on a not-for-profit basis by third parties. Where a project is being considered without an operator…

That is not my group.

I will say that I am not an EPP member.

As a point of clarity I am in Renew Europe, and I am proud to be part of Renew Europe. At the outset I return briefly to first principles and set out the reasons behind this legislation. The Arbitration (Amendment) Bill 2025 seeks to put Ireland, which is a country that greatly benefits from international trade, in a position where it can decide to ratify the range of EU trade and investment agreements we massively benefit from as EU member states. There is a bit of a misconception in what Deputy Ó Laoghaire says b…

It is not the same. It is a different system and people keep quoting the previous system, which the Canada trade agreement has actually worked to improve and to make it more transparent. That is important. Irish companies need access to effective international remedies abroad and companies investing in Ireland want similar reassurance. The Irish Government is working to make the economy more competitive and resilient to economic shocks, and the Government’s approach in bringing forward the legislation has been ques…

I do believe.