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
5:00 pm
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)
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It does not give me much hope because the threshold is so high, even if one is looking for money in the here and now. Of €500 billion in lending capacity only €60 billion is available for direct recapitalisation of financial institutions. Is that correct?