Oireachtas Joint and Select Committees

Wednesday, 8 October 2014

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance

European Stability Mechanism (Amendment) Bill 2014: Committee Stage

5:00 pm

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

I wish to give my observations on direct retroactive recapitalisation. In his heart of hearts the Minister knows that the possibility of securing a deal that would be attractive to Ireland is becoming increasingly remote. I do not say that as a political charge.

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