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

All right. Can I maybe just move on to one other item then? You refer to the December 2005 stability programme update which warned of the economy being vulnerable to the construction sector and that the Department had concluded that reliance on construction was becoming one of the biggest risks to economic development in the country. Could I ask you to elaborate in what way, if any, the Department followed up on that warning and what response, if any, was received, especially from the Minister of the day and/or the Government and was lobbying both internally, within the system, or externally a factor in both of those regards?

Comments

No comments

Log in or join to post a public comment.