Oireachtas Joint and Select Committees

Wednesday, 15 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Dermot McCarthy:

From memory, Deputy, I believe there was also a change in broad economic conditions at that time, including, if I recall, exchange rate movements, which would have had a bearing on the performance of the economy, so I'm not sure it would be safe to conclude that any change was purely a function of the electoral outcome.

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