Oireachtas Joint and Select Committees
Wednesday, 11 February 2015
Committee of Inquiry into the Banking Crisis
Context Phase
John Paul Phelan (Carlow-Kilkenny, Fine Gael) | Oireachtas source
In another answer earlier, Professor FitzGerald was speaking about the funding of the ESRI in his time there. He said that 30% of the funding now comes directly from the Department of Public Expenditure and Reform, DPER. In the period leading up to the collapse, 2003-08, the ESRI produced a property index in conjunction with one of the banks, Permanent TSB. Can I ask the nature of that arrangement with Permanent TSB? The index ceased to exist until it was resurrected in 2013, I think, now in conjunction with Allied Irish Bank.
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