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

Photo of Kieran O'DonnellKieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

If an institution got into financial trouble and the member state in question had major financial issues, perhaps concerning its ratio of debt to GDP or level of debt, would that state be more likely to have access to the ESM than a country with a similar type of institution that is financially sound and has lower levels of borrowing?

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