The Lisbon Treaty and economic crisis
Catalysts for reform of the Oireachtas role in European Union affairs
in The evolving role of national parliaments in the European Union
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The impact of the Lisbon Treaty on the role of the Oireachtas, chronologically earlier than the financial crisis on domestic law has been somewhat more technical in nature. The economic crisis brought with it major implications for the role of national parliaments across Europe. Ireland became one of the countries hardest hit by the financial and sovereign debt crises. A select committee takes the view that a European Union (EU) institution's act infringes subsidiarity and wishes proceedings reviewing the act to be brought to the European Court of Justice, it must lay a corresponding report before the relevant House. The Joint Oireachtas Committee of Inquiry into the Banking Crisis conducted an investigation into the banking crisis of 2008 onwards, engaging with that end with former ECB President Jean-Claude Trichet.

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