Oireachtas Joint and Select Committees

Wednesday, 24 September 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

General Scheme of European Stability Mechanism (Amendment) Bill 2014: Discussion

4:30 pm

Mr. Feargal Ó Brolcháin:

There are two issues with pricing. One is the ongoing cost, while the other is the pricing of the initial investment. It will be done on a case-by-case basis. In terms of paying more than the market value, in a forward looking recapitalisation that would be unlikely.

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