Oireachtas Joint and Select Committees
Wednesday, 20 February 2013
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Access to Credit Provision: Discussion with Credit Review Office
2:15 pm
Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source
The terms "lending targets", "draw-downs" and "sanctions" are used on an interchangeable basis. However, the reality is that the amount of new money from the €7 billion the banks were required to lend into the economy was €2.5 billion.
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