Oireachtas Joint and Select Committees
Wednesday, 16 January 2019
Committee on Budgetary Oversight
Fiscal Assessment Report: Minister for Public Expenditure and Reform
Paschal Donohoe (Dublin Central, Fine Gael)
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There are so many risks. We have no expectation or need, either now, in the medium term or beyond, to do it.
In particular, as the Deputy is aware, we have just put in place at home and within the European Union a very extensive legal framework to prevent the taxpayer from having to make capital injections into banks or minimise the risk thereof. We have put in place a very extensive process to seek to resolve issues in banks before there is a need for capital injections.