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
4:40 pm
Kieran O'Donnell (Limerick City, Fine Gael)
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In reply to Deputy Michael McGrath, Mr. Ó Brolcháin spoke about the €60 billion the ESM had. Is this direct capital funding from each member state? Is it based on the cash contributions from each?