Oireachtas Joint and Select Committees
Wednesday, 16 January 2013
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Matters Relating to the Economy: Discussion with Governor of Central Bank
3:10 pm
Kevin Humphreys (Dublin South East, Labour) | Oireachtas source
If the ECB profits will be given out in proportion to the eurozone's national central banks, there will be a profit. Are there any other options? Could the ECB sell the bonds back to Ireland at the price it bought them? That happened in the Greek system in a roundabout way and it could lead to a saving of €3 billion to €5 billion on our national debt. Are the various mechanisms being explored at the moment?
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