Oireachtas Joint and Select Committees

Thursday, 7 November 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Scrutiny of EU Legislative Proposals

7:00 pm

Mr. Greg Dempsey:

Yes. After that, we can continue to bail in or we could look to this backstop. Nowhere in that process has the taxpayer been called upon. The concept is to keep bailing in until the losses are absorbed.

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