Oireachtas Joint and Select Committees
Thursday, 10 September 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Marc MacSharry (Fianna Fail) | Oireachtas source
You rightly pointed out the extensive experience and that this was not new territory to the IMF. The ECB in particular would not have had the lifetime experience and expertise in circumstances of crises such as these. Bearing in mind that, by your own admission, you feel that you steered things in the right direction but didn’t win every battle, what alternatives should have been contemplated that, had the ECB and the EU sufficient experience in crises management, should have been followed?
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