Oireachtas Joint and Select Committees
Tuesday, 20 June 2017
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Irish Mortgage Market: Right2Homes
2:00 pm
Mr. Patrick O'Sullivan:
No, they will not make the decision. They will audit the results. The decision needs to be taken at a higher level in the European Parliament to adjust the terms of reference of the European Investment Fund. The point I was making about the two leading French and German politicians is simply that they are on record as wanting to change the rules to facilitate what we are about. I would go further and say that we were very good Europeans in picking up the €65 billion debt that most of us in this room did not borrow, and we are entitled to some relief back from Brussels. In addition we have a Brexit situation on our doorstep which is going to impact significantly economically. There is great talk about having a transparent Border but there is no real talk about 300,000 people who are going to be put out of their houses. It is beyond belief that this is not making headlines.
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