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. Aidan Carrigan:
There is a specific provision in this resolution proposal that there should be fiscal safeguard provisions so no decision concerning a resolution will have an impact on the fiscal situation in member states. The provision was reviewed by Council legal services, which actually asked that those provisions be strengthened further to make it very clear that the resolution process will not have an impact on national budgets.
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