Joan Burton (Dublin West, Labour)

Has the Minister considered whether the further €9 billion worth of promissory notes should be issued at the very high market rates which obtain at present or whether another mechanism might be employed? I suggested to his officials that they needed to check how the promissory notes would be treated in the context of the national accounts. Does the Minister agree that on foot of my action in this regard, his officials have at least obtained an interest holiday from EUROSTAT? The officials were not even aware of the possibility of using this mechanism prior to my visit to the Department. Does the Minister intend to issue €9 billion worth-----

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