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
Yes, but the point I am making is that the money which goes from the ESM to the SRF is coming from the ESM and the ESM is made up of capital contributions that are made from member states - taxpayers' money - and then leveraged on the international markets.
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