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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5:10 pm

Mr. Feargal Ó Brolcháin:

If the entire €60 billion is used up, the €440 billion will be lower because the ESM's borrowing capacity will be reduced by greater than €60 billion.

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