Oireachtas Joint and Select Committees
Wednesday, 4 October 2023
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
EU Budgetary Proposals: Department of Finance
John McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source
In the context of the borrowings the EU has had to make, and therefore the rising interest rates, how are those borrowings structured? Are they fixed rates? Is it money on the short term from the markets? Who makes the decisions around that? What structure is there to say that the risk will be mixed and a set rate will be taken, as we would do in our own economy? Who looks at that?
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