Oireachtas Joint and Select Committees

Wednesday, 13 November 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Forthcoming ECOFIN Council: Discussion with Minister for Finance

11:10 am

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

I thank the Minister and his colleagues. We are all concerned about the cost to the taxpayer. In that context, does the Minister anticipate a cost to Irish taxpayers in regard to the single resolution mechanism and single bank resolution fund? When does the Minister anticipate retrospective recapitalisation will happen? When will the banking union be in place that will allow the type of discussions that need to take place happen?

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