Oireachtas Joint and Select Committees

Thursday, 10 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

Very finally, are you accepting that in the years leading up to the crisis, that the EU's measure of Ireland's structural budgetary position did not detect the growing dependence on property and construction-related receipts and did not detect the impact of that on the underlying fiscal position?

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