Oireachtas Joint and Select Committees

Thursday, 10 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Marco Buti:

The ... I mean, I stand by my written statement saying that it is not for us to judge this. We did not ... I think there was a question in my previous hearing whether we had asked to do so and this was definitely not the case. The European Commission intervenes here in terms of the application of state aid. So it is up to DG Competition to implement the state aid rules. And from that viewpoint, I think the Commission adopted ... and supported the decision.

But this is a different thing compared to the ... let's say, to the judgment on the ... let's say, wisdom of having such a large-----

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