Oireachtas Joint and Select Committees

Tuesday, 30 April 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Stability Programme Update: Discussion with Minister for Finance

6:45 pm

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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I suppose the simple way of saying what "exiting the programme" means is funding ourselves on the markets rather than through the funds from the European authorities and the IMF. Exiting the programme and full sustainable market access are the two sides of the same coin. That is one way of explaining it. The other way is that the troika has gone home and is not coming in every three months to review what we are doing, and the conditionality of the programme has been completed. We have 200 separate conditions fulfilled to date-----