Paddy Burke (Fine Gael) | Oireachtas source

I welcome the vice president and his staff.

Mr. Dombrovskis stated: "But EMU deepening should be seen in a comprehensive way, with a view to both private and public mechanisms, tackling risk-reduction and risk-sharing in parallel, strengthening our tools to prevent crisis situations as well as those to deal with a crisis when it does happen." What happens in a crisis? Is there a mechanism to deal with it? Are there breaches? When there are beaches, are there sanctions that can be imposed on countries?