Dáil
‹ Order of Business European Stability Mechanism payment
Summary
Thomas Pringle asks whether the Dáil will be informed about Ireland’s €508 million ESM payment and what happens if the European Court of Justice rules against the mechanism; the Chair directs him to a parliamentary question.
At the recent summit of EU leaders in Greece, it was decided to accelerate payments into the European Stability Mechanism, ESM. On foot of that, Ireland will pay €508 million on 23 October, which is the same day the European Court of Justice, ECJ, will hold hearings on the legality of the mechanism. Will the Dáil be informed when the payment is made? If the ECJ rules against the ESM, will be the money be refunded to the State?
