Euro Area Loan Facility Bill 2010
Public bill · Government · Presented
The measure would allow Ireland to join a joint euro-area lending package for Greece, with loans managed by the European Commission to help protect financial stability across the euro area. Ireland could provide up to €1.5 billion from the Central Fund, subject to the agreed conditions; repayments received would go back into the Exchequer. The Finance Minister would report to the Dáil each year on payments made and received.
Formal long title
Bill entitled an Act to facilitate in the public interest the safeguarding of the financial stability of the Euro area as a whole and for that purpose to enable payments to be made out of the Central Fund or the growing produce of that Fund so as to enable effect to be given in the State to the Intercreditor Agreement regarding the pooled bilateral loans for the benefit of the Hellenic Republic made by and between certain Member States of the European Union, including the State, and for that purpose and in accordance with Article 2 of that Agreement to enable effect to be given, in so far as it relates to the State, to the Loan Facility Agreement referred to in that Article, to provide for all receipts received in respect of moneys advanced under this Act to be paid into the Exchequer and to provide for related matters
Last updated 10 June 2020
- Minister for Finance Primary
- First StageDáil
- Second StageDáil
- Committee StageDáil
- Report StageDáil
- Fifth StageDáil
- Second StageSeanad
- Committee StageSeanad
- Report StageSeanad
- Fifth StageSeanad Enacted
- EnactedEnacted
- Euro Area Loan Facility Bill 2010: Second Stage. Seanad
- Euro Area Loan Facility Bill 2010: Committee and Remaining Stages. Seanad
- Euro Area Loan Facility Bill 2010: Motion for Earlier Signature. Seanad
- Euro Area Loan Facility Bill 2010: Second Stage (Resumed) Dáil
- Euro Area Loan Facility Bill 2010: Second Stage (Resumed) Dáil
- Euro Area Loan Facility Bill 2010: Committee and Remaining Stages Dáil
- Euro Area Loan Facility Bill 2010: Order for Second Stage. Dáil
- Euro Area Loan Facility Bill 2010: Second Stage. Dáil
- Euro Area Loan Facility Bill 2010: Second Stage (Resumed) Dáil