Dáil debates
Wednesday, 24 October 2012
European Council Meeting: Statements
12:35 pm
Eamon Gilmore (Dún Laoghaire, Labour) | Oireachtas source
It is my understanding for two reasons. First, the June decision explicitly states that the eurogroup will be tasked to work on proposals for improving Ireland's debt sustainability. That was a clear, separate and special mention of Ireland. We were the only state to be individually mentioned in that statement. Second, a clear statement was made that similar cases would be treated equally. That anticipated the possibility that the ESM might be used in new situations.
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