Oireachtas Joint and Select Committees

Tuesday, 29 May 2018

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Resolution of Non-Performing Loans: Discussion (Resumed)

4:00 pm

Photo of Rose Conway WalshRose Conway Walsh (Sinn Fein)
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I thank the witnesses for their presentations. This Commission package did not come out of the blue. On the one hand, we have the ECB saying that it is up to banks to deal with NPLs and, on the other, the European Commission just happens to introduce proposals to facilitate the vultures and accelerate the enforcement of loans secured by collateral. What co-ordination has there been between the ECB and the Commission on this issue?