Finance Committee to discuss non-financial corporate debt with Central Bank and CSO

Committee Chairman, Alex White TD said: “We’d like to welcome Mr McNeill and Mr Connolly to the Committee to discuss matters relating to non-financial corporate debt. Today, we will have a chance to get an in-depth overview of this issue and to quantify the extent of debt to which Irish businesses are exposed. The Committee will be particularly interested to see if the data available could be ‘split’ between the indigenous Irish SME sector and the multinational sector and, then, if there was further data that explores what levels of that debt is in Irish financial institutions compared to foreign banks.

This meeting will take place tomorrow, Wednesday, 7th March, in Committee Room 4, Leinster House 2000 at 4pm.

Committee proceedings can be followed live at:
http://www.oireachtas.ie/ViewDoc.asp?fn=/documents/livewebcast/Web-Live.htm&CatID=83&m=o

For further information please contact:

Ciaran Brennan,
Houses of the Oireachtas,
Communications Unit,
Leinster House,
Dublin 2

P: +3531 618 3903
M: 086-0496518
F: +3531 618 4551

Committee Membership

Deputies

Richard Boyd-Barrett, People Before Profit
Thomas P. Broughan, Labour Party
Michael Creed, Fine Gael
Jim Daly, Fine Gael
Pearse Doherty, Sinn Fein
Stephen Donnelly, Independent
Sean Fleming, Fianna Fail
Joe Higgins, Socialist Party
Heather Humphreys, Fine Gael
Kevin Humphreys, Labour Party
Peter Mathews, Fine Gael
Mary Lou McDonald, Sinn Fein
Michael McGrath, Fianna Fail
Olivia Mitchell, Fine Gael
Seán Ó Fearghaíl, Fianna Fail
Jonathan O’Brien, Sinn Fein
Kieran O’Donnell, Fine Gael
Arthur Spring, Labour Party
Billy Timmins, Fine Gael
Liam Twomey, Fine Gael
Alex White, Labour Party

Senators

Sean D Barrett, Independent
Thomas Byrne, Fianna Fail
Michael D’Arcy, Fine Gael
Aideen Hayden, Labour Party
Tom Sheahan, Fine Gael
Katherine Zappone, Independent