166 Deputy Stephen S. Donnelly asked the Minister for Finance if it is the case that Article three of the treaty establishing the European stability mechanism, which states, inter alia , that the purpose of the ESM shall be to mobilise funding and provide stability support to members, if indispensable to safeguard the financial stability of the euro area as a whole and of its member states, would take precedence over recital five in any conflict over the interpretation of the treaty. [22011/12]

Summary

166 Deputy Stephen S. Donnelly asked the Minister for Finance if it is the case that Article three of the treaty establishing the European stability mechanism, which states, inter alia , that the purpose of the ESM shall be to mobilise funding and provide stability support to members, if indispensable to safeguard the financial stability of the euro area as a whole and of its member states, would take precedence over recital five in any conflict over the interpretation of the treaty. [22011/12]

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• EU Treaties

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