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

3:05 pm

Mr. John Corrigan:

The ECB has indicated in broad terms what the conditions might be. My understanding is that the conditions relate to normal access to markets. If we were explicitly stated to have access to OMT, it would be positive in the way access to contingent lines of credit made available jointly by the ESM and IMF would be positive.

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