Oireachtas Joint and Select Committees

Wednesday, 13 November 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Forthcoming ECOFIN Council: Discussion with Minister for Finance

10:20 am

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

The Minister knows my view on that, which I have put forward in a non-adversarial way. I think the downside of not opting for a precautionary credit line is more considerable. I take the Minister's point that we might have a better prospect of a clean exit now as opposed to in 12 months' time.

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