Written answers
Thursday, 29 January 2015
Department of Finance
EU Meetings
Michael McGrath (Cork South Central, Fianna Fail)
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55. To ask the Minister for Finance further to Parliamentary Question No 69 of 22 January 2015, if he will support the idea of a European debt conference; if he will bring a proposal for such a conference to his ECOFIN colleagues; and if he will make a statement on the matter. [4199/15]
Michael Noonan (Limerick City, Fine Gael)
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As I pointed out previously, my view is that when countries encounter difficulties, a process of negotiation is always better than one of conflict.
Specifically in the case of euro area Member States, all programme negotiations have been conducted within the Eurogroup and Ecofin, with IMF involvement as appropriate. My view is that these are the appropriate fora for resolving outstanding issues.
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