Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

I will not pursue the issue any further because time is short, except to say statements came not from the Cypriot Government but other EU member states, including our own Minister for Finance, that the initial proposal was good for Cyprus and Europe. That does not quite tally with Mr. Carrigan's account. Given that there has been a change of policy, whenever it dates from, on how to approach banking crises, how far have we progressed in our attempt to secure retrospective recapitalisation of the banks through the ESM or some other EU mechanism?