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

I understand, and it is probably the most important part from our point of view. I will move onto the fund itself. The Minister mentioned the items for discussion at the meetings this month and last month. No reference has been made to the ongoing debate, of which we understand the Minister is part, on when mutualisation of the fund will take place. Will it take place over a ten year period or a five year period? Should the fund reach its target within five or ten years? The banks seek a 15 year period. Is it accurate to state that the Minister supports the cause of Mario Draghi that the fund be mutualised within a five year period? Does he believe we should have a single fund? Is this something for which he will argue on behalf of the State at the ECOFIN meeting?