Oireachtas Joint and Select Committees

Wednesday, 4 March 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Photo of Eoghan MurphyEoghan Murphy (Dublin South East, Fine Gael) | Oireachtas source

Professor Ahearne said the European finance Ministers announced a co-ordinated response on 7 October but that undoubtedly Brussels and Frankfurt had sent a clear message to capitals weeks earlier that there would be no repeat of the Lehman Brothers debacle in Europe. Would Professor Ahearne like to expand on that?

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