Oireachtas Joint and Select Committees

Thursday, 21 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Sean BarrettSean 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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