Brian Lenihan Jnr (Dublin West, Fianna Fail)

We must determine the level of capital they require in the first place. With regard to the payment, it is set out in the agreement that an arrangement exists which will come into operation in default of payment. However, the question may still have to be determined as to whether the effect of European intervention is simply to freeze matters for a relatively short period of time. Whether it happens in February or some weeks thereafter, finality will be brought to this matter.

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