Oireachtas Joint and Select Committees
Wednesday, 16 January 2013
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Matters Relating to the Economy: Discussion with Governor of Central Bank
2:40 pm
Kieran O'Donnell (Limerick City, Fine Gael)
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What are the features that Professor Honohan feels are unique to the promissory note? He mentioned unique features, so which ones have given scope to find a solution with the ECB, which will bring down the cost of borrowing? Does he see a reduction in the size of the debt in any way? Is he looking at a reduction in the cost of borrowing over a period of time?