Oireachtas Joint and Select Committees

Thursday, 18 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

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

Thank you, Senator. If I could maybe just come in with a question or two myself there at the moment, Mr. Moran. And, upon taking up your position and coming in to the role that you had, did you see your role primarily as dealing with cleaning up a banking crisis, or a banking legacy issue, or a fiscal crisis, or, in terms of which were the bigger challenges, was it the outlying banking debt or, as you indicated to ... in your discussions with Deputy Higgins, there was a structural deficit there that had to actually be fixed?

In terms of the macroeconomic management of the country and stabilising the economy and dealing with the priority issues, was it a fiscal crisis or a banking crisis was the bigger difficulty?

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