Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

I will move on. Mr. Boucher has said the bank wants to disengage from the ELG and that when the guarantee runs out on 31 December, it is ready for this year. Is he satisfied the bank will be able to raise money on the markets without a guarantee? Is that the proposal regardless of whether the guarantee is extended? Is it the objective of the bank in 2013 to be able to raise finances without the guarantee? That obviously would have an impact on the State because last year the bank provided more than €449 million to the State as a result of the guarantee. What is the proposal from the bank? Is it to go without in 2013?