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

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3:50 pm

Mr. Aidan Carrigan:

Work is continuing in the Eurogroup on the preparation of proposals for the ESM at technical and senior official level. It is too early to say yet how the ESM will operate. The Eurogroup has been tasked with finalising the proposals for the ESM by the end of June 2013.

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