Oireachtas Joint and Select Committees

Tuesday, 6 December 2016

Committee on Budgetary Oversight

EU Directorate-General Economic and Financial Affairs: Discussion

5:00 pm

Photo of Stephen DonnellyStephen Donnelly (Wicklow, Social Democrats) | Oireachtas source

I will put it again. Mr. Martínez Mongay has stated categorically to the committee that we should use windfall taxes to pay down debt. This has nothing to do with a ratio; this is about a total quantum of debt owed. The Chairman asked whether any other country in Europe is doing this, and my understanding of Mr. Martínez Mongay's answer is that he does not know.

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