Oireachtas Joint and Select Committees
Thursday, 8 November 2018
Public Accounts Committee
Business of Committee
9:00 am
Catherine Murphy (Kildare North, Social Democrats) | Oireachtas source
Do we know whether there was an expectation of surplus, although I hate to use the word "surplus" because, in fact, it is a huge loss, or a surplus on a huge haircut. Do we know if there was a figure? Does it matter that it goes beyond the expected surplus in terms of the EU insisting on it being used to write down debt? Is there an ability to use anything that was over and above this figure in a different way?
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