Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

The Governor mentioned that the Central Bank cannot impose sanctions against Israel, for example, by refusing to approve the Israeli bond prospectus in circumstances where the EU has not imposed any such sanctions. Why has he changed his tune? He wrote to this committee and said it could be "either EU financial sanctions or [number two] national restrictive measures to the same effect". Is he suggesting now that national restrictive measures to the same effect would not allow the Central Bank to not approve the programme?