Enda Kenny (Mayo, Fine Gael)

When the Deputy refers to the €3.1 billion in respect of the promissory notes, I have already made it perfectly clear that we are not going to raise any undue expectations. A series of difficult, technical and complex negotiations are being held at the initiative of the troika in order to produce a flexibility paper so that this country's particular economic circumstances could be eased by having the flexibility now available to ESM and EFSF that were not applicable when more than €60 billion was borrowed in respect of the promissory note in the first instance.

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