Oireachtas Joint and Select Committees
Thursday, 25 November 2021
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
Finance (European Stability Mechanism and Single Resolution Fund) Bill 2021: Committee Stage
Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source
I imagine that great efforts would be made to avoid such a situation because I imagine that if a country were in need of a credit line from the ESM, and if those negotiations were then to break down, it could only make an acute situation even worse. Therefore, while I suppose that could be possible theoretically, I imagine that all efforts would be expended to avoid it happening.
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