Oireachtas Joint and Select Committees

Wednesday, 15 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Dermot McCarthy:

I think there were two strands of reaction to that Deputy. On the one hand there was, I think, acceptance that there was a case to be made in respect of the performance of fiscal policy, but there was also a sense of dissatisfaction that the terms of the censure was not either proportionate or equitable having regard to the performance of other member states.