Oireachtas Joint and Select Committees

Wednesday, 1 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Marc MacSharryMarc MacSharry (Fianna Fail) | Oireachtas source

Indeed. Earlier on in your testimony, you said that you were aware that the single currency had downsides, so, presumably, what you mean by that is the lack of control of monetary policy in terms of interest rates. Is that correct?

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