Oireachtas Joint and Select Committees

Wednesday, 4 March 2015

Committee of Inquiry into the Banking Crisis

Context Phase

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

I have a final question and there are two brief parts to it. First, can Professor Ahearne clarify whether or not, in his view, the fiscal adjustment that had to be made would have been close to the same? Second, in testimony here, Governor Honohan has said that the cost of saving the banks is €40 billion. Is he right or wrong with that figure?

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