Shane Ross (Dublin South, Independent)

I will be very brief. Has the Government conceded the point that it is almost inevitable there will be a second bailout? It is quite simple and Moody's and others have expressed that view in an authoritative fashion. There is a desperate cling to the need for ESM funds as a reason for the treaty so has the Government conceded the point that a second bailout is coming, one way or the other?

The second question concerns the Anglo Irish Bank promissory notes. Will the Tánaiste indicate if his Department, specifically, has been involved in these negotiations? Which Departments and officials have been involved, and have politicians been lobbying hard for this?

See this speech in context