Oireachtas Joint and Select Committees

Wednesday, 23 March 2022

Committee on Budgetary Oversight

Pre-Stability Programme Update Scrutiny (Resumed): Central Bank of Ireland

Photo of Neasa HouriganNeasa Hourigan (Dublin Central, Green Party) | Oireachtas source

To follow up on that, I have been reading through ESRI's spring statement and their publication. One of the things they pick out is Ireland's vulnerability in respect of aircraft leasing. We manage in the region of €100 billion in assets. While they have not yet done so, there has been a lot of discussion about the possibility of Russia seizing aircraft. This might have a larger impact on the industry here. This might impact the Irish national accounts through investment flows and imports. What are Dr. Cassidy's thoughts on that?

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