Jim O'Callaghan (Dublin Bay South, Fianna Fail)
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I thank our guests for coming before the committee. It is 11 years since the Irish people voted in a referendum to sign up to the six-pack of reforms that were outlined in 2011. An issue of which we are not sufficiently aware is the extent to which other European countries are in compliance with those rules. I am conscious that the past three years have been exceptional. To what extent are other European countries in compliance with the stability and growth pact? What happens when they are not compliant? What is done by way of enforcement?