Enda Kenny (Mayo, Fine Gael)

We dealt with this before. The ECB is an independent organisation and is not subject to the veto of any country. As the Deputy is aware, it is made up of the governors of the central banks of the various countries, and many of these have very different views. The bank is not subject to a veto by the United States or any other country. It is not a matter of a view by Mr. Geithner or by anyone else. The ECB is completely independent in its role and Ireland will begin discussions with it in respect of the sharing of responsibility - I do not like to use the term "burning" - with it in respect of bondholders in Anglo Irish Bank in the autumn, as clearly outlined by the Minister for Finance.

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