Tommy Broughan (Dublin North East, Independent) | Oireachtas source

The Minister said it was very difficult to estimate. Last April or May, the Minister gave me a similar reply, and said he might be able to produce some kind of figures. He is indicating that the withdrawal of QE would have a very significant impact. The figures he and the CSO recently gave us on growth rates until 2021 show a significant decline in growth down to 2017 and 2018 for whoever forms the next Government. Is it likely that the withdrawal of QE will have this significant impact, or is it possible that QE will go on in some shape or form?

The Governor of the Central Bank of Ireland, Professor Philip Lane, and the governing council of the ECB are the people who take the key decisions on it. To what extent does the Irish Government impact on decisions?

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