Oireachtas Joint and Select Committees

Wednesday, 18 February 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Photo of Marc MacSharryMarc MacSharry (Fianna Fail) | Oireachtas source

It is the same question. I will be quick though. Dr. Donovan is referring to Ireland now on that issue and this is important because the committee heard this morning that there was no view in Europe that no bank should fail. There was no policy direction nor no understanding. Dr. Donovan is saying that there was such an understanding between Ireland and Europe. Can I ask Dr. Donovan what his source is for that assertion, from a European perspective specifically?

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