Oireachtas Joint and Select Committees
Wednesday, 21 January 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Michael D'Arcy (Fine Gael) | Oireachtas source
I welcome Professor Lane and thank him for coming. I would like to refer to the significant credit flows that came in, not immediately after we joined the euro but a couple of years afterwards. There was a slight slowdown or recession when the dotcom bubble burst. What were the significant factors underlying the major increase in the banks' balance sheets in the era that was mentioned by Professor Lane - late 2002, 2003, 2004 and 2005?
No comments