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

5:00 pm

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

There are discussions about the matter. It came up again in last week's discussions with the troika. A report in one of the German newspapers yesterday or this morning suggested that the European Central Bank would buy assets like tracker mortgages as part of some kind of warehousing arrangement. It was written as if it was a briefed story. One can never be sure about the provenance of these things - whether they are founded in actual policy or whether somebody is-----

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