Oireachtas Joint and Select Committees

Thursday, 6 July 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

ECOFIN Meeting: Minister for Finance

9:30 am

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

That is the point I am making. There were bail-ins of junior bondholders in other areas but the significance of the new model was that senior bondholders were bailed in before there would be any call on funds. That is the point about Italy. I am sorry to split hairs.

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