Oireachtas Joint and Select Committees
Thursday, 25 November 2021
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
Finance (European Stability Mechanism and Single Resolution Fund) Bill 2021: Committee Stage
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
In fairness, I do not think there is that long way to go, with the Vice Chairman's indulgence. There are different views across Europe in relation to this. There is a large view out there that this is a very big missed opportunity. That view has been expressed by those in parliament in Italy with regard to the reforms that could have gone there. The point here is that we are dealing with outdated rules. The Minister has acknowledged that the rules that currently exist, the rules that we are enshrining into this legislation, are outdated and are not fit for purpose.
I will now move on to issue of the letter of intent-----
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