Dáil debates

Thursday, 16 October 2014

European Stability Mechanism (Amendment) Bill 2014: Report Stage

 

11:20 am

Photo of Bernard DurkanBernard Durkan (Kildare North, Fine Gael) | Oireachtas source

I will read the amendment for the Deputy: "Following the passing of this Act the Minister for Finance shall in 2014 make an application for the direct retroactive recapitalisation of the capital injected by the State in Irish banks as per the Direct Recapitalisation Instrument". Deputy Pearse Doherty who tabled the amendment spoke at length, but he stuck to what was contained in the amendment. It would be unfair to the House and other Members who wish to speak if we were to allow a departure from it. Deputy Peter Mathews should resume and confine the debate to the amendment.

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