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)

That is fine. We are dealing with an instrument here that has a very significant amount of contingent liability. Is Ms Ralph telling me that the Department has come before the committee that is scrutinising this without an understanding or any work done on the contingent liability of this issue? I am not interested in the contingent liability of other issues. We have dealt with those other issues - loans to Ukraine and all of that. When we were dealing with loans to Ukraine, we discussed the contingent liability. It is quite large. Then we went into it with our eyes wide open. Has the Department done any assessment of the contingent liability regarding this issue, regardless of how likely it is to materialise? Does the number exist?

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