Ms Niamh Ní Bhriain:

No, I do not think it makes financial sense either because can you imagine a scenario where Poland does not repay the €46 billion that is allocated to it, just taking that as the biggest example? If Poland does not repay the €46 billion, why should that fall to Ireland to pick up part of that bill? Why would we be covering part of Poland's failure to repay? I am not an expert in finance but I do not think it makes sense that we would set up an instrument which is secured against the European Union's budget and then we would have to pick up the bill for other states that default on their loans. The Deputy says "setting aside the legality". You cannot just set aside legality and decide what is legal today is not legal tomorrow. Again, I do not want to live in a world where there are no laws.