asked the Minister for Finance if he will state what conditions, if any, other than payment of interest and repayment of capital, are attached to loans received from the United States of America under the E.R.P.
Ceisteanna—Questions. Oral Answers. - Conditions Attaching to United States of America Loans.
The terms and conditions of the dollar borrowings from the Government of the United States of America are set out in the relevant loan agreements dated 28th October, 1948; 23rd February, 1949; 22nd December, 1949, and 30th June, 1950. Copies of these agreements were presented to both Houses of the Oireachtas and are available in the Oireachtas Library, the presentation numbers being P. No. 9157, P. No. 9287, P. No. 9797 and Pr. 159 respectively.
Can the Minister say if any other condition attached beyond the conditions mentioned in this agreement?
I assume that no other condition attached, but I know that the conditions were that we should repay the loan in the lawful currency of the United States and pay the interest on the loan in the lawful currency of the United States.
Will the Minister say whether he has any official information that any condition attached other than the conditions included in this signed agreement?
I can only answer the question by asking another: what condition does the Deputy expect would attach to a loan agreement except to repay?
Will the Minister say if Spike Island was included in that bargain?