Oireachtas Joint and Select Committees

Thursday, 8 November 2018

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

European Monetary Policy: Exchange of Views with Mr. Mario Draghi

3:10 pm

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

Let me finish. There are 4,000 children who will not have a home and will wake up in emergency accommodation on Christmas Day. Not everything is going well.

I ask Mr. Draghi particularly about the European Commission's proposal for a suite of legislative measures on non-performing loan, NPLs. One proposal includes the rules for establishing a vehicle to buy non-performing loans without breaching state aid rules. I am sure the ECB will be familiar with NAMA that was established here.

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