Oireachtas Joint and Select Committees

Thursday, 14 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Paul Dobey:

Well, I have to consider both, right. Because what ultimately ... the availability of emergency liquidity access from ... emergency liquidity assistance from the Central Bank of Ireland and the euro system was critically important to us. My understanding, and I don't have a perfect understanding because I didn't talk to the Government at the time, was when the guarantee was given, there was a desire on the part of the various parties to avoid Ireland using emergency liquidity access ... assistance rather. When we got out to 200-----

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