Written answers

Thursday, 5 November 2015

Department of Finance

Departmental Strategies

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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99. To ask the Minister for Finance if a contingency plan exists for the re-issuing of Irish punts; when that plan was drawn up if it exists; when it was last reviewed; and if he will make a statement on the matter. [38780/15]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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As I have previously stated in answer to parliamentary questions, it would not be appropriate to publish the details of such contingency planning.  Also, as I previously stated in answer to Parliamentary Question No. 215 of 10 March 2015, "at no point in 2011 (or since) were Irish pounds being printed."  This is not to state that no contingency plans were developed or that no consideration was given to the steps which could become necessary had the crisis ongoing escalated to the point that the Euro was no longer available as a functioning currency.

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