Oireachtas Joint and Select Committees

Wednesday, 11 June 2025

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach

Israeli Bond Programme: Central Bank of Ireland

2:00 am

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

Consistent with EU law. That is fine, but the EU does not have to have sanctions so that statement is not true. That is deeply regrettable here because I can see the dance that is played out here between the Government and the Central Bank. I know and respect the independence of the Central Bank but the Governor gave us a different version. He told us exactly what was required and he knows there is legislation before the Dáil relating to national restrictive measures. I think it is really worrying that the Governor came in and tried to suggest otherwise. If I took this at face value, I would basically have to sit back and say there is nothing we can do here in Ireland because we need EU sanctions.

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