Oireachtas Joint and Select Committees

Tuesday, 16 June 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Forthcoming ECOFIN Council: Minister for Finance

6:00 pm

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

Our position from the start has been that we want Greece to stay in the euro, but we do not want write-offs in its nominal debt. We are prepared to accommodate it in other ways to make its debt more sustainable, and do not have a principled objection to that. Our red lines are very limited and would be same as many other small European countries.

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