Dáil debates

Tuesday, 23 June 2015

4:30 pm

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

One should not believe everything one reads in the Financial Times. That is the message. The ECB is completely independent of Governments. It has given €87 billion in emergency liquidity to Greece. Mr. Draghi said given its independence, because it is a eurozone, ELA has been continued on the assumption that negotiations would conclude and a deal can be done. That is why, as the programme ends this weekend, it is very important that the principals of the institutions discuss in a rational way with the representatives of the Government of Greece the conclusion that is necessary.

The Prime Minister said not everything about his Government is absolutely positive. He said his Government is in a position to achieve social consent, which is an important element given that the consequences of a collapse could be very serious. I do not expect that to happen. All of the leaders at the meeting were unanimous in that regard. I expect there will be another meeting of the Eurogroup Ministers for Finance tomorrow evening, which may go on for some time, and there is a European Council meeting on Thursday and Friday. It may not be necessary to get that far but when arrangements like this are put in place, they have to be endorsed by, for example, the Parliaments of Finland-----

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