Written answers
Wednesday, 11 January 2012
Department of Finance
Economic and Monetary Union
8:00 pm
Michael Healy-Rae (Kerry South, Independent)
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Question 96: To ask the Minister for Finance the plans he has in place in the event of a break-up of the euro; if arrangements are in place to print a sovereign currency in the event of a break-up; and if he will make a statement on the matter. [1025/12]
Michael Noonan (Limerick City, Fine Gael)
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As I have stated previously, there are many risks in the economic environment which are fully taken into account by me, in conjunction with my Department and the agencies that report to me. The euro is a firm and solid currency and there is no market expectation or Irish Government expectation of a collapse in the currency. The Central Bank continues to produce euro currency.
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