Oireachtas Joint and Select Committees
Thursday, 21 June 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Matters Relating to the Banking Sector: Allied Irish Banks
9:30 am
Mr. Bernard Byrne:
There is a cohesion between a political system that is connected to the population because of its size, the media and the commentary. Many topics are talked about openly. On the one hand, I have described this as a good thing because we talk about everything. On the other hand, what happens in legislative terms is practical. That is the way I describe the situation in Ireland but investors, on average, look across big universes and they say, "That is very noisy" and they hear things. I end up responding a lot to their general question about what is going on here by describing Ireland as a very noisy environment to calm people down.
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