Oireachtas Joint and Select Committees
Thursday, 9 March 2017
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Scrutiny of EU Legislative Proposals
9:45 am
Paddy Burke (Fine Gael) | Oireachtas source
A number of changes are also proposed to the bank resolution framework. As the IMF noted last year the framework has, together with the single resolution mechanism, significantly strengthened the resolution regime in Ireland and in the EU. We in Ireland paid a hefty price but is there an admission in the statement of Mr. Cross that, as well as Irish banks, the EU failed?
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