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
Seán Fleming (Laois-Offaly, Fianna Fail) | Oireachtas source
He has confirmed to us, in a way, that the one-size-fits-all approach to quantitative easing does not suit the different economies in the EU, depending on what stage they are at. He has said that because we had such a high national debt the benefit of quantitative easing in Ireland has gone to the Government and the NTMA, dealing substantially with the national debt.
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