Oireachtas Joint and Select Committees

Thursday, 7 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

And I'll move on to slide two, and in comparison to the earlier document, which I said is dated February 2008, this now is dated January 2009:

Sharp downturn in the Irish property market; Global financial impact on subprime crisis; Global economic impact on credit crisis; Spill-over effects of property crash on [the] rest of Irish economy; Crisis in [the] Irish public finances; Rating downgrades; Loss of competitiveness and currency [improvement].

Would you think that's a significant change from the document of 12 months previous?

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