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
4:50 pm
Pearse Doherty (Donegal South West, Sinn Fein)
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I would like to deal specifically with the waterfall or cascade provision. Will the officials explain how these rules will not oblige us to bail out a bank that goes bust?