Eoghan Murphy (Dublin South East, Fine Gael) | Oireachtas source

If we can go to '11 then, seeing that's the point in time which you do remember clearly. In March of 2011 the new Irish Government was considering not repaying €6 billion in Anglo Irish bonds. There was three phone calls between the ECB and the Irish Government on 31 March - two between yourself and Minister Noonan and one between yourself and the Taoiseach. And after that the decision to not pay those bonds was reversed. Did you say, in effect, that an economic bomb would go off in Dublin if these bonds were not repaid?