Oireachtas Joint and Select Committees
Thursday, 28 May 2015
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Overview of the Banking Sector: Central Bank of Ireland
2:00 pm
Professor Patrick Honohan:
When one gets into this situation, obviously the bank will be the entity that will stop and possibly refuse to give loans. It tends to be pushed onto the front line in these situations. However, it does not want to be in a political space. It is not possible not to be in a political space, but it tries to minimise the possibility as much as possible.
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