Oireachtas Joint and Select Committees

Thursday, 10 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

And, in that regard, because all organisations - yourselves, the ECB and the European Union and so forth - would have had, kind of, cultural histories as regard to what their priorities were, the European Central Bank's priority would have been the stabilisation - or the instability, or the threat of it - of the euro and the eurozone. Did that have an impact with regard to how they would then look at a single country, and in this situation, Ireland?

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