Lucinda Creighton (Dublin South East, Fine Gael)

It is under discussion. The Deputy can take issue with whether it is understood. I assume the Minister for Finance would have a different view. We are in ongoing negotiations with the troika. As the Deputy knows, the Minister for Finance, Deputy Noonan, spoke last week with the President of the ECB. That work will take a little time but it is progressing. I am very optimistic about it. I do not subscribe to all the doom and gloom.

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