Oireachtas Joint and Select Committees
Thursday, 10 September 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Ciarán Lynch (Cork South Central, Labour) | Oireachtas source
Thank you very much. I just want to stay with that for a moment, if you don't mind, before I bring in the next questioners, Mr. Chopra? And in that regard, Senator MacSharry was talking about the social consequences. You mentioned earlier the SGP, that is the Stability and Growth Pact, and the rules that come with that. Was there a balancing or a sort of conflict of needs there between meeting the requirements of the Stability and Growth Pact and being mindful of the social implications of the adjustments that were required?
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