Oireachtas Joint and Select Committees

Wednesday, 10 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Cyril Roux:

I think we do have sufficient powers but I would rephrase your question. It's not that I have sufficient powers - I am part of a system which decides. So I do believe that the ECB has sufficient powers, but they are the decision-maker now.