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
Paul Murphy (Dublin South West, Socialist Party) | Oireachtas source
I hope I would be surprised. It is not seen in terms of policy. If Greece is forced out of the euro, the most likely impetus will be the withdrawal of emergency liquidity assistance from the Greek banks, the collapse of the Greek banking system and the forcing of the Greek Government into a decision to print money, nationalise the banks, etc. It will, therefore, be the ECB's decision that will force Greece out.
No comments