Oireachtas Joint and Select Committees

Wednesday, 24 September 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

General Scheme of European Stability Mechanism (Amendment) Bill 2014: Discussion

4:30 pm

Mr. Feargal Ó Brolcháin:

It has not been limited in any way and has not been assigned in any way to that purpose. However, an application will have to be made to the ESM and it would have to be approved by the ESM board of governors following rigorous assessment of the various aspects. It would be subject to the approval of the board of governors.