Oireachtas Joint and Select Committees

Tuesday, 8 July 2025

Committee on Budgetary Oversight

Engagement with the Central Bank of Ireland

2:00 am

Mr. Vasileios Madouros:

I will say a couple of things on that. Being part of the EU and the euro area has brought a lot of benefits to Ireland over time. One can see that in terms of public support for the euro, which remains very high in Ireland compared to other euro area countries. There is a recognition of how positive the euro has been in Ireland. Of course, being in a monetary union means that monetary policy is set for the euro area as a whole.

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