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
In returning, if I now propose that we go back into public session. Is that agreed? Agreed.
Now, if I can just deal with one more item myself and then I'll invite in Deputy John Paul Phelan. Minister, in the ... this is contained in the core documents. It relates to the ex-postevaluation of the economic adjustment programme, but the general tenor of the question is as follows: that in the European Commission's ex-postevaluation of Ireland's bailout programme of 2010 to 2013, it was stated that while "The burden of fiscal adjustment was shared quite widely, ...overall [it was] the younger generations [who] were hit harder by the crisis." Maybe you could comment or give further explanation as to whether you agree with that assessment and maybe offer your own view as to any significant differences in the impact between those on social welfare income and those on earned income during that period.
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