Seanad debates

Thursday, 4 November 2021

Finance (European Stability Mechanism and Single Resolution Fund) Bill 2021: Report and Final Stages

 

10:30 am

Photo of Alice-Mary HigginsAlice-Mary Higgins (Independent) | Oireachtas source

I move amendment No. 3:

In page 6, between lines 11 and 12, to insert the following:

“Review of precautionary conditioned credit line

3. Where less than half of the European Stability Mechanism Member States meet the qualifying criteria for access to the precautionary conditioned credit line, the Minister or his or her representative at the Board of Governors, shall advocate for a review of those criteria to ensure that a majority of European Stability Mechanism Member States shall meet the qualifying criteria.”.

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