Mr. Jean-Claude Trichet:

I was aware of the liquidity constraint, I have to say all over Europe, because, again, all the European banks, when they were desperately looking for liquidity, on 9 August 2007, and you are speaking of mid-2007, we decided, and it was a very, very important decision, and most important at that time, even in comparison with the UK, US, we decided to give liquidity without limit. We were asked that day, 9 August, €95 billion, much more than $100 billion, of liquidity. And the Irish banks were part of it. But again, at that time, it was a general problem.