Oireachtas Joint and Select Committees
Wednesday, 25 March 2015
Committee of Inquiry into the Banking Crisis
Context Phase
John Paul Phelan (Carlow-Kilkenny, Fine Gael) | Oireachtas source
I welcome Dr. Mercille to the meeting. I have a couple of questions for him arising out of his statement in which he criticises very strongly the Irish media for its opposition to default on sovereign debt. What in Dr. Mercille's view are the immediate consequences for a country that defaults on its national debt?
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