Seanad debates

Wednesday, 18 July 2012

Developments in the European Union and Ireland's Presidency of the European Council: Statements with An Taoiseach

 

I take the point made by Senator Bacik in respect of the progress being made on the deal. On the question of when it will happen, Commissioner Rehn says he would like to see it concluded by October. The IMF needs 12 months notice in cases where it provides financial assistance to countries in its programmes. The work with the troika and the meetings with the Minister for Finance and Mr. Draghi will continue right through to September. It is hoped a conclusion can be reached in October but I would like to see it before the end of the year so that arrangements can be made for 2013.

Comments

No comments

Log in or join to post a public comment.