Dáil debates

Thursday, 3 July 2014

Other Questions

Banks Recapitalisation

11:10 am

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

I appreciate the Minister is not in the game changing, I mean, the fortune telling business. That was probably a Freudian slip. However, when he was announcing all this game changing stuff on the radio programme "Today with Seán O'Rourke", he said he expected it to be concluded by November 2012. While the Minister cannot make an application until November at the earliest, and possibly later, is any work going on in the Department, such as a technical paper being prepared or options being examined? Has the Minister commissioned experts in the Department or the Central Bank to examine the issue and prepare for an application the Minister has said he will make?

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