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

Mr. Gabriel Makhlouf:

I do not know what I can say to the Deputy. When the Central Bank was set up, the EU did not exist. It does exist now, however. There is an EU framework of laws that Ireland has signed up to. Of course, it is open to any citizen to decide they want to take legal action against the Central Bank and we would defend that action because we feel the decisions we have made to date have been ones we were empowered to make by law and we made them consistent with the law.

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