Oireachtas Joint and Select Committees
Wednesday, 18 February 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Marc MacSharry (Fianna Fail)
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It is the same question. I will be quick though. Dr. Donovan is referring to Ireland now on that issue and this is important because the committee heard this morning that there was no view in Europe that no bank should fail. There was no policy direction nor no understanding. Dr. Donovan is saying that there was such an understanding between Ireland and Europe. Can I ask Dr. Donovan what his source is for that assertion, from a European perspective specifically?