Arthur Morgan (Louth, Sinn Fein)

There is a willingness to accede to the request for the Minister to handle the transfer of the sum of €7 billion and give direction to the institutions. However, this is hardly loose change. How far could the Minister go beyond €7 billion, given no cap is provided for? It is fair and reasonable that the Minister should return to the House in order that Members could tease out how much more than €7 billion would be transferred and get to the bottom of all the issues. How much more than €7 billion does the Minister anticipate he might need, even in an emergency? Does he believe there is a threshold above €7 billion that would tweak his instincts to revert to the House for a debate? If the amendments are not accepted, perhaps he would elaborate on that.

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