The Banking Inquiry report will be debated in the Dail today.

90 minutes has been set aside to discuss the document - which found fault with the Financial Regulator and the ECB, and also found that the so-called 'soft landing' theory had never been subjected to any scrutiny.

Economist at Trinity College Dublin, Professor Brian Lucey says the report shows the feeble ability of the Irish State to get to the bottom of anything.

And he says it won't make anyone in the ECB quake in their boots: