Oireachtas Joint and Select Committees

Wednesday, 25 March 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Dr. Julien Mercille:

During the bubble years the Irish economy, to a great extent, grew through a housing bubble. A lot of people benefited from that, whether it was the banking sector or the Government through tax revenues or whatever. Corporate Ireland had a stake in that, so that includes the media for all the reasons I have talked about, whether it is through advertising or the simple nature of the corporate media, or the Government's own media, the Government drew benefits from that, and so it led to favourable coverage in general.