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Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Mairéad Farrell: You are making the issuance in----

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Mairéad Farrell: What was the need, then, for the clarification in terms of the €1,000? Is it because we are still the home state?

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Mairéad Farrell: That is what I had understood.

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Mairéad Farrell: It is important to understand.

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Mairéad Farrell: Which they have been doing.

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Mairéad Farrell: €2,000.

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Mairéad Farrell: At that point we cease being the home member state.

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Mairéad Farrell: We would still.

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Mairéad Farrell: But we would not possibly be able to do it if they did go over €2,000, say, for next year.

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Mairéad Farrell: Okay. At this moment in time, what is our current relationship, exactly, with Israel?

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Mairéad Farrell: This year, despite it being changed, right now.

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Mairéad Farrell: Unless they requested a transfer.

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Mairéad Farrell: So that could technically happen at any point.

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Mairéad Farrell: Okay.

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Mairéad Farrell: But we do not know. The point is, technically. None of us can predict what could be done by any country or any place.

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Mairéad Farrell: It is more that I want to understand fully the technical aspect of this. It was something that was continuously confused in the debate, I nearly think, within the media. I really want to understand this fully. I do have very strong views on it but I want to understand the technicalities of it fully. Does that mean that in terms of this year, is there no contact with Israel at all needed,...

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Mairéad Farrell: One of the big topics we discussed the last time you were here was our ability to end this relationship. I understand from the line of questioning that Senator Higgins will be touching on our report and that kind of thing, so there might be other questions coming out of that. You said something to the effect that there is no way of changing that home member state. Let us ignore Israel...

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Mairéad Farrell: I just find it hard to believe that if a country is literally committing genocide, how that does not have an implication, even if it is in the horrific aspect of a financial risk kind of thing, not in terms of the actual genocide. I find that hard to believe. What I might ask on that - this is something I have been wondering - is what I think I understand it to be. If, for example, there...

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Mairéad Farrell: In relation to the prospectus regulations.

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Mairéad Farrell: Surely to God if Russia came to Ireland and tried to become a home member state, that would not work, under the prospectus regulations. Could it?

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