Peter Burke (Longford-Westmeath, Fine Gael)
Link to this: Individually | In context | Oireachtas source

When the Minister for Finance, Deputy Noonan, appeared before the committee, he said that a work-out of the loan book was not a viable option because of pressure from the European Central Bank, ECB, in the context of Ireland trying to exit the bailout programme. From an operational point of view in terms of calculations and valuations, were any of the witnesses aware of that pressure such that it was not an option to work out these loans?