Oireachtas Joint and Select Committees

Wednesday, 4 November 2015

Joint Oireachtas Committee on European Union Affairs

European Economic and Monetary Union: Discussion

1:30 pm

Mr. Alan Dukes:

Also, it is fair to say that a good deal of thought and effort has already gone into structures and processes that are designed to take account of the interests of the "outs", as they are called, so that what the "ins" do does not adversely affect the "outs". It is likely there will continue to be a substantial number of "outs" for some time to come, not only because of internal difficulties in the eurozone but because some of the states that are not yet members of the eurozone, and some of them that do not or would not yet qualify, are not likely to qualify for some time to come, therefore, the issue may not arise for some of them for some years.