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

With respect, Minister, we are sitting in the finance committee of our Parliament. The Minister has outlined the first step. I simply want to know if the next step is that finance must come from the State's coffers or if there are other proposals. There is a great deal in the mix in terms of the ESM, bail-ins post 2015, etc. I do not want a long drawn out discussion - it is not what I want to focus on. I just want some clarity on that aspect. In the event of a bank not being able to raise money, would it fall on the shoulders of the nation or from what has been negotiated in Europe? Is there potential for a collective approach?