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
5:10 pm
Mr. Feargal Ó Brolcháin:
What I said was that it was open to the board of governors to review the cap if appropriate. The €60 billion amount should not be viewed in the context of the starting point of a crisis. As has been outlined, the BRRD measures are in place. As Mr. Rankin mentioned, capital has been provided for the banking system since-----
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