Marc MacSharry (Fianna Fail) | Oireachtas source

We know what we did, and could have done, and did not do. What I am asking is, your then chairman had a very specific view, which he articulated last week, that the ECB had authority to direct the Central Bank to act in particular ways to, as he put it, mitigate against the unsustainable nature of low interest rates. I think I am quoting precisely so I am interested in your view on that.