Dáil debates
Thursday, 18 November 2010
Irish Banking: Statements
1:00 pm
Kieran O'Donnell (Limerick East, Fine Gael)
On that point, the Minister referred to the concern about an additional burden on the taxpayer. From his reply to Deputy Rabbitte, does he anticipate further investment in the banks will be such an additional burden?
The Minister referred to a special resolution regime. A short time ago, he gave a commitment to the House that a special resolution regime for the banks was being prepared by the Government. Will it form part of the discussions with the International Monetary Fund, IMF, the EU and the ECB?
Will the National Treasury Management Agency, NTMA, form part of the team negotiating with the IMF? Sourcing funding for the sovereign is a key issue.
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