Oireachtas Joint and Select Committees

Wednesday, 31 October 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Operations and Functioning of IBRC: Discussion

12:30 pm

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

It was €4 billion rather than €8 billion. This means that in the context of our deliberations with Europe, there is now an additional €4 billion to play around with. That should be factored in as part of our efforts to bring down the overall cost of the promissory note to the State.

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