Oireachtas Joint and Select Committees
Wednesday, 26 November 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Overview of Banking Sector: Central Bank
2:30 pm
Professor Patrick Honohan:
This issue is paused. We worked as hard as we could on designing something that would fit with the political appetite in Europe. It is not just a question of satisfying the ECB; this is an issue that comes into the political arena. Moreover, the ECB itself is constrained in that it cannot do giveaways.
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