John Paul Phelan (Carlow-Kilkenny, Fine Gael)
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I welcome Mr. Buti. I shall commence by asking a couple of general questions.

When one is a member of a committee like this one finds oneself reading all sorts of documents. I found myself reading the mission statement of a Directorate-General of the European Commission. It reads:

The mission of the Directorate-General for Economic and Financial Affairs is to contribute to raising the economic welfare of the citizens in the European Union and beyond, notably by developing and promoting policies that ensure sustainable economic growth, a high level of employment, stable public finances and financial stability.

In the period before the banking collapse, was any of that achieved or not?