Oireachtas Joint and Select Committees

Thursday, 25 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

Go raibh maith agat, a Chathaoirligh, agus fáilte roimh an tUasal Honohan. Agus go n-éirí an bóthar leat agus tú ag éirí as do phost, agus tuigim fosta go seo an chéad píosa fianaise a tugadh dúinn i nGaeilge, leis an seanfhocal a thabhair tú isteach le d'óráíd so tá fáilte roimhe sin fosta. Can I ask you, first of all, Professor Honohan, do you believe that the Central Bank had sufficient powers to take direct action against banks, if it becomes necessary to avoid financial stability crisis again? Do we have the powers now?

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