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
4:40 pm
Kieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source
Is it fair to say the ESM has leveraged? Of this funding, it just so happens that €80 billion has been provided by way of individual cash investments by member states. Is it just a co-incidence that the figure for the recapitalisation of banks is lower than that figure at €60 million?
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