Written answers

Tuesday, 3 February 2015

Department of Finance

Debt Restructuring

Photo of Tommy BroughanTommy Broughan (Dublin North East, Independent)
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280. To ask the Minister for Finance his views on the call for a eurozone debt conference in response to the recent Greek election result; and his further views on chairing such a conference in Dublin [4900/15]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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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 Eurogroupand Ecofin, with IMF involvement as appropriate. My view is that these are the appropriate fora for resolving outstanding issues such as this.

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