Oireachtas Joint and Select Committees

Tuesday, 15 December 2020

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

Banking Issues in Ireland: Central Bank

Photo of Peadar TóibínPeadar Tóibín (Meath West, Aontú) | Oireachtas source

Yes. It is not just owner-occupiers. I have heard from people who have buy-to-lets and businesses or farms.

The Central Bank warned at the start of the process that there would be a €22 billion hole in the Government's finances this year due to Covid, etc. What does the future hold in terms of the European rules being reapplied and the timescale? What policy options are available to the Government in order for it to achieve the European rules in the future?

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