Oireachtas Joint and Select Committees

Thursday, 4 April 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Recovery and Resolution Framework for Financial lnstitutions: Discussion

3:40 pm

Mr. Aidan Carrigan:

Yes. The Government is also conscious that to draw depositors beyond that into a resolution situation would be very destabilising to the economy. It is not something the Government would be in favour of doing and we do not anticipate it happening.

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