Oireachtas Joint and Select Committees
Wednesday, 1 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Donal McNally:
It would have been both, because I would have been at meetings where some countries managed to stay within the deficit by the use of once-off measures that couldn't be relied upon and others who managed to stay within minus 2.94%, just barely scraping within, and there wasn't that great level of growth in Europe. My view would be that they should have been concentrating on those issues, rather than on ourselves.
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