Oireachtas Joint and Select Committees
Wednesday, 3 July 2013
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Review of ECOFIN Matters under Irish EU Presidency: Discussion
3:55 pm
Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source
That is an important development and to be welcomed. I compliment the Minister on getting it in place. I understand it will be 2018 before the bail-in procedures are fully applied. Will they apply in the case of banks that fail and also banks that require capital if there is a capital adequacy issue?
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