Michael McGrath (Cork South Central, Fianna Fail)
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207. To ask the Minister for Finance his views on whether further delays to the conclusion of European banking union and the consequent potential for delays to Europe wide bank stress tests highlight the need for Ireland to complete its own bank stress tests before the end of 2013; and if he will make a statement on the matter. [27892/13]

Michael Noonan (Limerick City, Fine Gael)
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The timing of the stress tests is under discussion at the present and no decision has been taken in this regard. The timetable for European wide stress tests will be one of the factors when deciding on a firm timetable for the stress test. However, the Irish authorities have agreed with the Troika that detailed preparatory work required for the stress test will be completed in 2013. Details of the preparatory work being undertaken will be included in the Programme Documents agreed following the April mission, which are due to be published shortly.