Oireachtas Joint and Select Committees
Wednesday, 3 May 2023
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Examination of EU Fiscal Rules: TASC
Pearse Doherty (Donegal, Sinn Fein)
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Debt servicing costs are relative to the interest rates that are being charged in relation to bonds. For example, Italy would have been paying 4% of GDP for their debt servicing costs. Does Dr. Sweeney believe that Italy is above the threshold and that it should be in a process of reduction?