Kenny: European leaders divided on precautionary second bailout for Ireland
on 25/10/2013 16:23:45
Enda Kenny has also revealed that any hope of getting our banking debt separated from the sovereign will not happen until the banking union is established.
Enda Kenny has revealed that at this EU summit several other E-U leaders were asking him a lot of questions about the bailout exit.
And he says the leaders are divided on whether Ireland should go it alone on the exit or take a backstop or precautionary agreement.
Enda Kenny told reporters in Brussels that we will make the decision, and any precautionary second bailout would only be accepted if the terms and conditions were favourable:
"We have been in a condition bound situation for the last number of years, what we want to do is exit this with the very best options for our country," he said.
"Clearly you don't want to be in a situation of tighter conditions than you have been in the last period."
On the issue of getting rid of banking debt from the sovereign and the fact it has not happened after being committed to 16 months ago - the Taoiseach pledged to go back to it again, but that it could not happen until the banking union was established.