Enda Kenny (Mayo, Fine Gael) | Oireachtas source

We always said that when the Single Supervisory Mechanism was in place, involving all of the agreements required there, the question of retroactive recapitalisation on a case-by-case basis would be dealt with.

Following the decision last year to break the link between sovereign debt and bank debt, the ECOFIN group has made substantial progress, which is to be commended and accepted.

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