Billy Kelleher (Cork North Central, Fianna Fail)
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To ask the Minister for Finance if he will provide a definitive date for the termination of the E.L.G. Bank guarantee; and if he will make a statement on the matter. [6291/13]

Michael Noonan (Limerick City, Fine Gael)
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As the Deputy may be aware, when the ELG (Amendment) Scheme 2012 was before the Houses of the Oireachtas late last year, Minister for State at my Department Mr.Brian Hayes, T.D. indicated that it was the Government’s intention to begin winding down the Scheme as soon as was practicable in 2013. This strategy has been agreed with the Troika and its implementation remains my clear objective. It is my intention therefore to announce a definitive date in this regard, at the earliest possible opportunity, subject to the advice of the Irish Authorities on the most appropriate timing and conditions.