Seanad debates

Wednesday, 27 June 2012

European Stability Mechanism Bill 2012: Committee and Remaining Stages

 

1:00 pm

Photo of Brian HayesBrian Hayes (Dublin South West, Fine Gael)

I will conclude by noting that this mechanism, through section 2, allows Ireland access to that emergency fund, if needed, which I hope it will not. Second, it gives Ireland additional confidence in trying to get back into the markets, an objective with which everyone agrees. It is welcome that Sinn Féin wants Ireland to return to the bond markets. It did not want us there before the election, but it does now.

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