Oireachtas Joint and Select Committees

Tuesday, 10 February 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

ECOFIN Briefings: Minister for Finance

6:30 pm

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

I understand, but the Minister has made a write-down a red-line issue. I think that is a mistake in an insolvency situation, because the second red-line issue is whether Greece stays in the eurozone. There is a real danger that other partners in Europe could force a situation in which it is impossible for Greece to stay in the eurozone despite the commitment of its Government to stay. If the Minister is going in with an open mind, he should not have a red-line issue. The projects submitted for the investment programme, which will be leveraged about 15 times to come to that level, were done haphazardly.

Comments

No comments

Log in or join to post a public comment.