Marc MacSharry (Fianna Fail)
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When asked by me if the crisis could have collapsed the euro, your predecessor, Klaus Regling said, "Yes". Professor Bill Black, in testimony here, said: "Ireland tried to bail out the German banks." Professor Ed Kane said, in testimony here: "Ireland seemed to help creditors in foreign lands like Germany." Mr. Buti said in his statement that the post-2007 financial and economic crisis showed us the hard way that our conceptual framework of the macroeconomy was incomplete. Did Ireland get a bad deal from Europe?