Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

There has been much discussion about the restructuring of the promissory note. One of the suggestions involves the use of the ESM, although it is very unlikely, given what the Germans and others have said, or another agency for a long-term bond. This would mean that the €25 billion in capital the bank requires could be front-loaded as a long-term bond. If that was to happen, has the bank calculated how quickly it could deal with the other issues within it in terms of the loan books to wind down more quickly than the 2020 timeframe?