Oireachtas Joint and Select Committees

Wednesday, 4 June 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Scrutiny of EU Legislative Proposals

4:25 pm

Photo of Liam TwomeyLiam Twomey (Wexford, Fine Gael) | Oireachtas source

The approach we have to regulation is a balancing act. That has been discussed by Deputy Boyd Barrett in the context of prudential matters. We should also point out that funding is cheaper and the economy referred to is one of the wealthiest in the world. None of us wants to go back to bowler hats and pinstripe suits and all of the restrictions that used to exist, which were not good for economies either, but maybe Deputy Boyd Barrett will hanker back to those good old days.

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