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

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

No, we would not need to change the legislation, but the board of governors of the ESM would then be involved in determining the eligibility criteria. As I said, I expect that the eligibility criteria the ESM would set would be consistent with the SGP at that point. The board of governors would matter in such circumstances.

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