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Seanad
‹ Order of Business

ECB banking inquiry attendance

Summary

Senator Quinn discusses the banking inquiry, urging focus on its potential achievements, and briefly welcomes the President’s constructive visit to China.

It is very hard to contribute today without paying attention to the banking inquiry. There is little doubt that the two previous speakers have drawn attention to the inquiry. Let us not focus on blaming the ECB for not sending somebody as the only purpose. A great deal can be achieved by the inquiry and the Seanad is well represented on it. I hope we will be able to achieve what we set out to do.

I was very impressed by the reports on the President's visit to China. Before he went, there was a doubt he might use his visit in a manner which would damage the relationship between Ireland and China. Ireland is so tiny compared with China that is so huge. We know that the President has strong views on human rights and there was a danger he could say something that would endanger the relationship between both countries. His visit has achieved a huge amount. The relationship between him and the President of China is very strong which will help to develop the economy and our relationship in many other ways. I congratulate him on what he has achieved during his visit.

I raised concerns a month ago about the postal service and the danger posed by a movement towards other forms of communications. It is a joy to see there is no danger. Either the Government listened to us or already had planned to do the following ahead of time. It has established a business development programme to develop businesses in the post office. At this time of the year the post office is busy, although there may not be as many postcards. A great deal more shopping seems to be taking place online which has led to an opportunity to develop services for parcels and other messages. There is an opportunity for business in the post office. As I mentioned before, in France other work was found for the postal service, particularly postmen visiting lonely people or people living on their own. The postmen have developed and provide that service. The business development programme set up by the Government will provide us with opportunities also.

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