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Tuesday 20 February 2018

The week ahead

Michael Brennan

Michael Brennan


TAOISEACH Enda Kenny will face questions in the Dail about the progress of negotiations with other eurozone finance ministers on changes to the terms of the bailout fund.

The Government's aim is to secure a deal which will improve the terms of the IMF-EU bailout and lessen the

impact of our massive bank debt crisis. Fianna Fail is bringing a Dail motion to block the Government from giving any ground on new EU rules about how corporate taxes

are calculated -- known

as the Common Consolidated Corporate Tax Base.


The Government's new "war cabinet" is expected to hold another of several meetings this week in Government buildings to discuss strategy ahead of the EU summit. A slimmed-down version of the full cabinet, it is comprised of Mr Kenny;

Tanaiste Eamon Gilmore; Finance Minister Michael Noonan; and Public Expenditure and Reform Minister Brendan Howlin (left).


Mr Kenny will travel to Brussels for a two-day EU summit meeting with other state leaders to deliver a "comprehensive" response to the debt crisis. Analysts warn failure to strike a deal may fan financial market fears.


This is the day when Mr Kenny should find out if the reforms to the EU's bailout package will mean that Ireland will get an improved deal.

If the EU leaders are unable to agree on a deal,

the issue will be pushed

back till next month -- but that may cause further instability

in the markets.

Irish Independent

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