Brian Lenihan Jnr (Dublin West, Fianna Fail)

——and to protect relevant institutions. In the context of the six-month review of the guarantee scheme to be completed by mid-April, the Government will examine how the scheme might be revised subject to European Commission approval and consistent with EU state aid requirements to achieve a reduction in risk overall, including by supporting longer term bond issuance by the covered institutions. The Government is also reviewing proposals for dealing with the risks associated with certain assets. In this context, I asked Dr. Peter Bacon and the National Treasury Management Agency to report to the Government on the matter.

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