Euro Area Loan Facility (Amendment) Bill 2013
Public bill · Government · Presented
The Bill would give effect in Ireland to a December 2012 change to the euro-area loan facility for Greece, extending the loan’s possible repayment period to 30 years and reducing the interest margin to 0.5 percentage points. It would also allow future changes to the Greek loan agreement to be approved by a Dáil resolution, subject to conditions, rather than requiring a new Act each time. The aim was to support Greece’s finances and protect stability in the euro area.
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 19 December 2012 and in Athens on 18 December 2012,(b) to provide for matters relating to subsequent amendments to the loan facility agreement which have been approved by Dáil Éireann pursuant to Article 29.5.2° of the Constitution,(c) to amend the Euro Area Loan Facility Act 2010, and(d) to provide for related matters
Last updated 12 April 2018
- 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 2013: Second Stage Seanad
- Euro Area Loan Facility (Amendment) Bill 2013: Committee and Remaining Stages Seanad
- Euro Area Loan Facility (Amendment) Bill 2013: Order for Committee Stage Dáil
- Euro Area Loan Facility (Amendment) Bill 2013: Committee and Remaining Stages Dáil
- Euro Area Loan Facility (Amendment) Bill 2013: Second Stage (Resumed) Dáil
- Euro Area Loan Facility (Amendment) Bill 2013: Second Stage (Resumed) Dáil
- Euro Area Loan Facility (Amendment) Bill 2013: Second Stage (Resumed) Dáil
- Euro Area Loan Facility (Amendment) Bill 2013: Order for Second Stage Dáil
- Euro Area Loan Facility (Amendment) Bill 2013: Second Stage Dáil