Michael Noonan (Limerick City, Fine Gael)

There will be a full debate on it. We are not contributing to the European Financial Stability Facility, EFSF, because we are one of the programme countries. Subject to verification of the figures, the contribution to the European Financial Stabilisation Mechanism, EFSM, is 1.75% of the total fund. That is paid over five years. I slightly overstated the figure, it is actually 1.592% of the total.

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