Oireachtas Joint and Select Committees

Wednesday, 21 January 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

I wish to look forward. Mr. Regling mentioned that the crisis had the potential to destabilise the euro. I take it that the response to our crisis, in particular in 2008, could also have had the effect of saving the euro. Could Mr. Regling elaborate on that? The language used in the policy lessons to which Mr. Regling referred on page 43 is interesting. He talked about the need for closure, including for the Irish people, and the need for justice to be done. What role does he believe our European partners and institutions have to play in that regard? Many believe the best way to achieve closure is to get back some of the money that was injected into the banks.

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