Dáil debates

Wednesday, 9 December 2009

10:30 am

Photo of Brian CowenBrian Cowen (Laois-Offaly, Fianna Fail)

The question relates to investment. Investment and recapitalisation do not have an effect on the Exchequer borrowing requirement. This is covered by EU rules in respect of national accounts. Regarding what must be done to avoid exposure to the taxpayer, this is the primary objective of the Government in respect of any investment made in any banks.

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