Clare's Fianna Fáil TD says the loss of the Web Summit to Ireland is a "massive embarrassment" for the country.
The event, which attracts 30,000 attendees, was founded here and held in Dublin on an annual basis.
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However, from 2016, it's moving to Lisbon because of what organisers say is a great ‘transport and hotel infrastructure’ and start-of-the art venue.
The Taoiseach's expressed disappointment – but Renua leader Lucinda Creighton says Enda Kenny needs to do more.