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

Ms Fiona Ralph:

First, if Deputy Doherty is talking about a potential default of all of these things, the assumption is that it does not happen in a given year, and it is spread out over several years because bonds are repaid over the cycle. In that regard then, we are talking about both the principal and the interest. The interest will change based on when the loan was taken out, what the interest rates are and how they evolve over the years. I am not able to put an exact figure on that.

Comments

No comments

Log in or join to post a public comment.