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
4:05 pm
Mr. John Corrigan:
Consequently, it is a question of time before rates normalise and that will see German and US rates rising. On the question of the banks, which is slightly beyond my direct bailiwick but does impinge on it, to put it in more muted terms, the capitalisation position of European banks in general certainly is a huge concern among investors. It is high on their list of worries and concerns.
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