Oireachtas Joint and Select Committees
Wednesday, 25 February 2015
Committee of Inquiry into the Banking Crisis
Context Phase
John Paul Phelan (Carlow-Kilkenny, Fine Gael)
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Professor Connor mentioned several times that economists at the time downplayed the potential difficulties involved in economic and monetary union. I was a student of economics at the time and recall several significant voices in Irish economics who did express concern. In fact, it could be argued there was a 50:50 divide.