Dáil debates
Wednesday, 21 September 2011
European Financial Stability Facility and Euro Area Loan Facility (Amendment) Bill 2011: Committee and Remaining Stages
6:00 pm
Pearse Doherty (Donegal South West, Sinn Fein)
It is probably a unique experience, as Irish legislators, dealing with legislation we cannot amend. While we are having a debate on Committee and Report Stages, it is just for the purposes of going through the motions. I will not delay proceedings, but I would like to ask a question about section 1, to which the Minister referred. It states the European Stability Facility Act 2010 is being amended by substituting €12.5 billion for €7.5 billion. I know Ireland is a stepping out guarantor. Will the Minister tell us if it can become a stepping in country again under the legislation?
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