Oireachtas Joint and Select Committees
Thursday, 5 February 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Kieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source
Mr. Nava referred to the single supervisory authority and the Single Resolution Mechanism Fund as game changers. When will the fund become active? Mr. Nava referred to €55 billion. At what level does it become active?
When will it reach the level of €55 billion? What is the timeframe?
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