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

Right, thank you. I just want to move on and then I will bring immediately Senator D'Arcy after this. Did you feel that the level of European macroeconomic and prudential supervision was adequate in the years between 2003 and 2007 and, in that regard and in your recollection, were there discussions on a European level at meetings you participated on in regard to strong credit growth in Ireland, house price inflation and substantial borrowings by the Irish banks in the European and overseas markets?