Ireland’s prime minister, Taoiseach Micheal Martin, says the European Union can make progress on its long-awaited savings and investment union by the end of the year. In an interview in Dublin, Martin links the initiative to potential benefits for both Ireland and the broader EU.

Martin’s remarks reflect ongoing EU negotiations over a framework intended to channel savings into investment and strengthen cross-border capital flows within the bloc. The Bloomberg report presents his view of the timing and expected direction of the talks, but does not provide details on specific legislative steps or agreements reached so far. The accounts cited are consistent in stating that he anticipates progress rather than announcing a completed deal.