Results 5,101-5,120 of 15,555 for speaker:Eoghan Murphy
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Eoghan Murphy: The trigger of the crisis that was, in all essential aspects, home grown. This is the finding of the commission of investigation.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Eoghan Murphy: Okay. Sorry, we're ... not just banking, as difficult as the banks-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Eoghan Murphy: Fiscal ... fiscal decisions as well.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Eoghan Murphy: Mr. Nyberg.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Eoghan Murphy: Mr. Nyberg, after conducting a commission of investigation, I'm mean, let's be fair to the person, he put a lot of work into it.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Eoghan Murphy: Now, because there was four points on this, and I think it's important that we establish on the record, again, the findings. Paragraph 75 of your opening statement, you agree with the conclusions of Regling and Watson regarding the banking system, but do you also agree with the report's conclusions regarding fiscal policy? The conclusion of this is on page 25 of their report, "The...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Eoghan Murphy: Okay, but the essential points-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Eoghan Murphy: Thank you. I'm not asking for your interpretation, Mr. Cowen. I'm just asking if you accept the findings or not-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Eoghan Murphy: Because they're quite clear in the report.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Eoghan Murphy: And they were commissioned by your Government.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Eoghan Murphy: That's not what I was asking.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Eoghan Murphy: It's a different question to the one I didn't ask. But, just again, staying with the Wright report, on page 48, Mr. Wright's talking about the monetary union and what impact that will have on fiscal policy, or what it should have, and he says, "Ireland failed this test of prudent fiscal management." And in your own opening statement, in paragraph 68, you say there was a failure to adopt...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Eoghan Murphy: -----sorry, Mr. Cowen-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Eoghan Murphy: But, the question hasn't been asked ... answered, sorry.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Eoghan Murphy: So, before I go to supplementary ... do you accept that? That there was ... Ireland failed the test of prudent fiscal management?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Eoghan Murphy: Mr. Wright. But you said it in your ... in your opening statement, in paragraph 68, there was a failure to adopt policies to reflect the realities of membership of the euro. You said that.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Eoghan Murphy: And that ... okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Eoghan Murphy: No, sorry, he's talking about the Government adopting prudent fiscal policies to counter the fact that we no longer control monetary policy. I mean, you allude to this yourself in your opening statement, "Such conditions do not appear to have received adequate attention over the period 2000 to 2006". It's in your opening statement. So did we fail the task of ... test of prudent fiscal...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Eoghan Murphy: This is my supplementary, Chair, thanks. Because, at the time, in February 2001, the Council did censure Ireland for its management of the economy. And I'll just quote from the ... the February Council decision-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Eoghan Murphy: This is-----