Klaus Regling, a co-author of the preliminary report into the banking crisis, has told the Banking Inquiry this morning that Ireland was “a country where it seemed no one was really in charge” to prevent the property bubble which eventually burst.
Regling told the committee that a combination of “global and domestic factors” made Ireland one of the worst-affected countries during the global financial crisis.
He criticised Ireland’s cultural attitude to...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team