Euro Area Loan Facility (Amendment) Bill 2012
Public bill · Government · Presented
The legislation would allow Ireland to implement changes to the euro-area loans provided to Greece. It would extend repayment periods to up to 15 years, allow a payment-free period of up to 10 years and cut the interest margin to 1.5%, with the reduction backdated to June 2011.
Formal long title
Bill entitled an Act to further facilitate, in the public interest, the financial stability of the European Union and the safeguarding of the financial stability of the Euro Area as a whole and for those purposes—(a) to enable effect to be given, in so far as it relates to the State, to the amendment to the EUR 80 000 000 000 loan facility agreement done in Brussels on 27 February 2012 and in Athens on 24 February 2012,(b) to amend the Euro Area Loan Facility Act 2010 and the European Financial Stability Facility and Euro Area Loan Facility (Amendment) Act 2011, and(c) to provide for related matters
Last updated 25 October 2019
- 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 (Amendment) Bill 2012: Second Stage Seanad
- Euro Area Loan Facility (Amendment) Bill 2012: Committee and Remaining Stages Seanad
- Euro Area Loan Facility (Amendment) Bill 2012: Motion for Earlier Signature Seanad
- Euro Area Loan Facility (Amendment) Bill 2012: Second Stage (Resumed) Dáil
- Euro Area Loan Facility (Amendment) Bill 2012: Committee and Remaining Stages Dáil
- Euro Area Loan Facility (Amendment) Bill 2012: Order for Second Stage Dáil
- Euro Area Loan Facility (Amendment) Bill 2012: Second Stage Dáil