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

Yes, okay. And we have still a set of matrix that we now need to adhere to and the obvious outcome is if we didn't adhere to them, we could potentially be in a bailout programme again.

So, I suppose, it's a very simple question is, now that we're out of the programme, are we grown up enough ourselves to do it independently and what action are we taking to retain monitoring and warning controls to ensure that we do not become a country that enters a bailout programme once more?

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