Oireachtas Joint and Select Committees

Wednesday, 8 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Sean BarrettSean Barrett (Independent)
Link to this: Individually | In context | Oireachtas source

You've an important statement also point 177, you say, "The continuous increase in Central Bank (both Irish and European) funding also undermined the financial system as a whole." Was Irish banking becoming addicted to the medicine that was designed to cure a problem and did that allow the ECB to bounce you into the programme?