Oireachtas Joint and Select Committees

Thursday, 24 January 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of Economy and Funding Requirements: Discussion with NTMA

2:45 pm

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

Mr. Corrigan said in his opening remarks that the markets have priced in, to a greater or lesser extent, relief on the promissory notes and other bank-related debt. How important is it for the country that we get a good deal on the promissory notes by the end of March and that there is a roadmap to the European Stability Mechanism lifting some of the burden, ideally all of the burden, of the investment that we made in the surviving banks?

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