Oireachtas Joint and Select Committees
Thursday, 6 July 2017
Public Accounts Committee
2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2015
Chapter 2 - Government Debt
Chapter 18 - Irish Fiscal Advisory Council
Finance Accounts 2015
9:00 am
Mr. John McCarthy:
Yes. The Deputy should remember that the total funding capacity of the ESM is €500 billion across the euro area. There is callable capital also but we do not pay that in. That would only be called if there were a problem in a member state. A couple of billion euro went in but it was a one-off.
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