Oireachtas Joint and Select Committees

Wednesday, 24 April 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Fiscal Assessment Report 2013: Discussion with Irish Fiscal Advisory Council

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3:40 pm

Professor John McHale:

I do not believe the ESM being an owner of the banks would change the funding access for the banks. The banks currently have access to ECB quite long-term funds through the LTRO.

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