Micheál Martin (Cork South Central, Fianna Fail)

That seems to be what is happening. The more important part of the Taoiseach's reply was his suggestion "no timeline" applies to the negotiations on the promissory note. Is the Government not working to a timeline, in the light of the imminence of the first repayment that has to be made? European mechanisms in terms of banking issues which were not in place at the time are now in place. Surely there is a timeline leading up to the end of this month. I assume those who are working on this matter, including the troika, are very conscious of it. Does the Taoiseach envisage that it will be sorted before the end of this month?

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