Oireachtas Joint and Select Committees
Thursday, 21 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Sean Barrett (Independent) | Oireachtas source
How much arises from not adequately preparing for joining the euro? Because in the national currency days, reading, say, the biography of Dr. Whitaker, one of your predecessors ... that we were able to do this. Did we understand what the free movement of capital would be and had the Central Bank any misgivings about the loss of controls over movements of capital, interest rates and the exchange rate by joining the single currency, and were we properly prepared?
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