Oireachtas Joint and Select Committees

Wednesday, 18 June 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Forthcoming ECOFIN Council: Minister for Finance

4:35 pm

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

I want to pick up on the last point. This was described by the Minister, Taoiseach and Tánaiste with the words "seismic shift" and "game changer". This was about getting our money back. The IMF has come out very clearly today in its report to say it supports the retroactive recapitalisation of the Irish banks. It does not represent people on this island. As the Minister for Finance, can Deputy Noonan make the same statement to the committee that he will apply for the retroactive recapitalisation of Irish banks to the ESM?

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