Dáil debates

Thursday, 18 November 2010

1:00 pm

Photo of Joan BurtonJoan Burton (Dublin West, Labour)

The terms of the European Financial Stability Facility require - it is conditional - the relevant State, which is Ireland, to enter a Memorandum of Understanding, MOU, with the European Commission acting on behalf of the euro state areas. Will the Minister confirm if those arrangements apply in this case? The Minister said that the Irish covered institutions have approximately €130 billion to €140 billion of facilities from the ECB. When in Dublin last week, Commissioner Rehn-----

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