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
4:25 pm
Dara Murphy (Cork North Central, Fine Gael) | Oireachtas source
I congratulate the Minister on his work during the Irish Presidency. I am fascinated with the Minister's concept that we will pay ourselves and, therefore, I will be brief. My question relates to the tier 1 status and the top three countries which have access to the ESM. Will that be pan-European? Will Ulster Bank, ACC Bank and Rabobank, all of which have depositors in Ireland, be covered under the national country rules? Will the depositors of the Ulster Bank parent company in the United Kingdom have the same rules applied as the Ulster Bank depositors here?
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