Oireachtas Joint and Select Committees
Wednesday, 15 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Marc MacSharry (Fianna Fail) | Oireachtas source
Just for the record, Chair, I have quoted verbatim from the committee document as opposed to ... I haven't paraphrased in any way. So if it's incorrect, it's incorrect here from me. So, then when we got the banking side of the bailout or of the agreement, was there ... whereas the Commission had been prescriptive only in part on two issues and suggested that you could usefully look at the minimum wage issue and the service agreements issue, did the ECB take a similar benign approach to the banking side and allow you to make the suggestions or was it a case that as, "We had the use of a quarter of their loan book'', as another witness put it, they were going to call the tune?
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