Dáil debates

Tuesday, 3 July 2012

4:00 pm

Photo of Enda KennyEnda Kenny (Mayo, Fine Gael)

As the Deputy will be aware, the statement notes the following: "We affirm our strong commitment to do what is necessary to ensure the financial stability of the euro area, in particular by using the existing EFSF/ESM instruments in a flexible and efficient manner in order to stabilise markets for Member States respecting their Country Specific Recommendations and their other commitments including their respective timelines, under the European Semester, the Stability and Growth Pact and the Macroeconomic Imbalances Procedure." As we are in a programme, our country-specific recommendation is to continue with our programme. That is the conditionality attached to us, with which we intend to deal. The breaking of that principle is important for us. The anxieties or concerns of the Dutch and Finnish Prime Ministers were expressed at the meeting but the meeting signed off on the-----

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