Dáil debates
Wednesday, 20 November 2013
Ceisteanna - Questions - Priority Questions
Economic Policy
9:30 am
Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source
On that very important policy point, has the Minister received reassurance from the President of the ECB that not having a precautionary credit line does not make a country ineligible for OMT in the circumstances he has outlined in which there is a systemic risk to the euro? If that systemic risk exists, all countries could potentially benefit from OMT, even those that are not in a precautionary credit line. Has the Minister received that reassurance from Mr. Draghi? That is a very important point to clarify.
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