Michael Noonan (Limerick City, Fine Gael) | Oireachtas source

-----subordinate bondholders. When we started on that in Europe, it was as a sole voice, but now it is part of the legislative underpinning of banking union. The argument has been won and the bailing in of senior bondholders is now part of the system that is envisaged. We will continue to negotiate and I hope we will make progress.