Oireachtas Joint and Select Committees

Thursday, 27 September 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Fiscal Assessment Report September 2012: Discussion with Irish Fiscal Advisory Council

3:50 pm

Photo of Kieran O'DonnellKieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

If the bank guarantee was to be withdrawn, would it have an impact on Ireland's cost of borrowing? Would the cost of borrowing come down for the State? Ultimately, our objective is to come out of the programme and that is predicated on Ireland's bond yields internationally coming down to sustainable levels.

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