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

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4:30 pm

Mr. Feargal Ó Brolcháin:

There is. Article 14 of the draft guideline - it is a draft until approved by the board of governors - sets out the position on retrospective recapitalisation. The other articles deal with what we might call forward-looking recapitalisation.

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