Oireachtas Joint and Select Committees

Thursday, 25 November 2021

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Finance (European Stability Mechanism and Single Resolution Fund) Bill 2021: Committee Stage

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein)
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Does the board of governors have the legal ability to do that? That is the question, regardless of whether the Minister expects it to do so. Is the board compelled under law to set criteria that align with the Stability and Growth Pact that currently operates or does it have the ability to deviate from it under law?