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

There has been some discussion in this context phase of the extent to which this crisis was home grown. Professor Ahearne wrote in The Sunday Independentthat the housing market began to turn sour around the middle of 2006, a full year before the global credit crisis erupted in August 2007. Can he give an opinion on the relationship between the international and domestic factors?

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