Oireachtas Joint and Select Committees

Thursday, 15 January 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

With regard to the banks' balance sheets, their lending and the volume of money in the economy, cash started to circulate in 2003 and 2004 following the dotcom crash and not when Ireland joined the euro in 1999.

What was happening in Ireland in particular around 2003?

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