Dáil debates

Tuesday, 27 November 2012

Ceisteanna - Questions (Resumed)

European Council Meetings

5:10 pm

Photo of Enda KennyEnda Kenny (Mayo, Fine Gael) | Oireachtas source

Yes. The reason for the March date is that this is when the next payment is due. Under the conditions of the promissory note a further payment of €3 billion is due by that date. The intention is to have the matter dealt with by that date in order that we do not have to pay €3 billion as a consequence of the promissory note. I do not wish to give any more details of the discussions that are taking place. They have been ongoing now for some time. That is our target date and I hope we can achieve it.

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