Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

What Professor Honohan is saying is interesting. There are suggestions that AIB might be moving in the direction of being sold to a larger multinational bank. The Governor seems to be indicating that he would support a type of Irish Sparkassen along the lines of the German model. I understand there is a lot of work being done by different groups here to tease out that possibility.

Professor Honohan mentioned that regulatory costs could be recovered by the State. What type of benefit does he envisage for the Exchequer? What are the regulatory costs the Central Bank is incurring at this time?