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
Michael McGrath (Cork South Central, Fianna Fail)
If we successfully exit the programme we are in at the end of 2013, is there a situation where the EFSF could still be in existence and the guarantee of the enhanced amount in the Bill could be invoked? Is that a possibility, or do we have a legal commitment that on the introduction of the ESM in mid-2013, the EFSF will cease to be in place?
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