Oireachtas Joint and Select Committees

Wednesday, 1 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Eoghan MurphyEoghan Murphy (Dublin South East, Fine Gael) | Oireachtas source

Thank you Chairman and thank you Mr. McCreevy, you are very welcome. I want to go right back if I may just prior to you becoming Minister for Finance. In opposition you expressed a number of reservations about our entry into the euro and just two months before you were made Minister for Finance you said in an interview with Jane Suiter, "It will be interesting to see if you can have monetary union without an integrated process". So upon your appointment as Minister what did you do to protect Ireland from our entry into the euro, in terms of the shortcomings that you had seen?

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