Oireachtas Joint and Select Committees
Wednesday, 12 November 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Overview of Banking Sector: Permanent TSB
2:45 pm
Pearse Doherty (Donegal South West, Sinn Fein)
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As regards the European Commission, PTSB's first restructuring plan has just gone off the burner. It is now about to submit a second one. Mr. Masding may be able to enlighten us as to how many years the Commission has had the first restructuring plan. What convinces Mr. Masding that the second one will be approved by the Commission? How does it differ from the first one? How long does he think it will take the Commission to approve that restructuring plan?