Oireachtas Joint and Select Committees

Wednesday, 8 May 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Forthcoming ECOFIN Council: Discussion with Minister for Finance

6:20 pm

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael) | Oireachtas source

Our intention is to exit the programme in the sense of being fully funded in the market. However, the stress testing of the banks is the condition we must fulfil to achieve that. Our policy is to ensure our banking system is normalised such that we are in line with the other European banks in advance of banking union. I do not want the banks in Ireland to be treated once again as an exceptional case, with all that such entails.

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