Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

I raised an issue relating to this section on Second Stage. Section 2 provides that in future, any further changes to the Greek loan facility can be passed by this House by way of resolution and would not require any further primary legislation.

The issue we are debating, essentially the third amendment to the Greek loan facility, must come before the House by way of legislation. A full debate on Second Stage offered Members an opportunity to examine the Bill in detail, as they do with all other legislation, to assess its consequences for Ireland. Ireland has lent €350 million to Greece. Any changes applied to other programme countries that have potential implications for Ireland should require the passage of primary legislation. For this reason, the Fianna Fáil Party will not consent to the section.

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