Oireachtas Joint and Select Committees

Wednesday, 18 February 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Photo of Susan O'KeeffeSusan O'Keeffe (Labour) | Oireachtas source

In January 2001, the EU Commissioner, Pedro Solbes, announced a recommendation under Article 99.4 of the treaty would be made against Ireland. I understand this was the first time a recommendation of that kind had been made. How important or significant was it or was it run of the mill? Was it a case of, "We can do this. We will start here"? Was it a very big, important moment?

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