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

No, no, it's not. It's that you've run your ... your budgetary policies and your fiscal policy in a way that would counter the fact that you do not control your monetary policy.

The criteria is that you run your monetary policy and fiscal policy in a way that would counter the fact that you do not control your monetary policy. So, for example, the wall of money that was written about hitting the Irish economy as a result of entering the European Union ... sorry, the monetary union, the prudent fiscal policy management would be to counter that increase of money through budgetary decisions, not by overheating the economy as was stated by the council that we did do in 2000.