Dáil debates

Wednesday, 20 October 2010

Statements re Minister for Finance's announcement on banking of 30 September 2010: Questions

 

12:00 pm

Photo of Joan BurtonJoan Burton (Dublin West, Labour)

Or will amount to that. I understand that €6.4 billion of that will be listed before the end of the year. The amount in the case of Irish Nationwide Building Society is €5.3 billion of which, I understand, €2.7 billion will be announced before the end of the year. The amount in the case of the EBS is €250,000. The Taoiseach referred to this as a mortgage. At the time of the Minister's announcement of these as promissory notes, it was not absolutely clear what their impact would be on Government accounting. When I visited the Department of Finance-----

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