Jim O'Keeffe (Cork South West, Fine Gael)

Question 147: To ask the Minister for Finance the consequences of the decision of the European Commission to disallow payment of dividend interest by the Irish banks on the moneys advanced to them in return for preference shares; the impact on State ownership of the possible issue of ordinary shares in lieu of interest dividend; the situation on same; and if he will make a statement on the matter. [5138/10]

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