Leo Varadkar (Dublin West, Fine Gael) | Oireachtas source

I have to check up on Deputy Calleary's question regarding an EU rainy day fund. There has not been any discussion of that at European Council level yet. It might be something that is being discussed at ECOFIN, so I would have to double-check with the Minister for Finance, Deputy Donohoe, about that. Lots of different instruments, which we will all be aware of from our period in the bailout, exist, for example, the European Stability Mechanism, ESM, and the European system of financial supervision, ESFS, I think it is called.

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