Oireachtas Joint and Select Committees
Wednesday, 1 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Eoghan Murphy (Dublin South East, Fine Gael) | Oireachtas source
Thank you, Chair, it's Vol. 1, page 13, "The Council regrets that this advice was not reflected in the budget for 2001, despite developments in the course of 2000 indicating an increasing extent of overheating." That's a censure that came from the Commission in 2001, which you have alluded to in your opening statement. So that's what the Commission is saying about Irish budgetary policy and fiscal policy, in 2001.
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