Oireachtas Joint and Select Committees

Wednesday, 15 October 2025

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

Scrutiny of EU Legislative Proposals

2:00 am

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein)

Okay. I appreciate that and obviously that is a completely accurate answer. On the whole premise, however, this is not just a guarantee, is it not?

Europe is raising the capital and then lending it to member states. Am I right in that?

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