Oireachtas Joint and Select Committees

Wednesday, 18 June 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Forthcoming ECOFIN Council: Minister for Finance

4:35 pm

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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There is always a "whether" about timing. We will take advice on that. That is the position we are in. Things have improved enormously. The other thing that has changed dramatically is that we run the argument in Europe. When I started making the argument, I was a sole voice arguing that there should be bail-ins rather than bailouts. I said that in bailing in the assets of banks, senior bondholders should be bailed in, as with those who held equity and-----