Dáil debates

Wednesday, 15 July 2020

Financial Provisions (Covid-19) Bill 2020: Committee and Remaining Stages

 

4:05 pm

Photo of Patrick O'DonovanPatrick O'Donovan (Limerick County, Fine Gael) | Oireachtas source

I have to apologise to the House about the mechanics. My officials are sitting quite far away. I ask Members to bear with me.

The commitment refers to the proportion of the holding in the EIB. Deputy Doherty asked when the measure would be triggered in the event of a default on a loan. It will happen once there is a default and the calls on the member states are in proportion to their holding within the EIB.

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