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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We are dealing with the ESM. Reference has been made to a figure of €60 billion. I would like the officials to clarify this. The national state will be asked to bail out the bust bank before the ESM will be asked to bail it out.