The first of three central bank bills won a majority in the Dáil, the Irish parliament's lower house, on Thursday.
The bill passed by a majority of 69-65. But analysts played down reports of opposition to the bill on the grounds that it had been passed too quickly.
"This is purely about politics. It's the opposition doing what opposition's do. It's not a vote against the governor's proposals for reform," Ray Kinsella, a professor at University College Dublin, told CentralBanking.com. "There's co