Oireachtas Joint and Select Committees
Thursday, 14 May 2015
Public Accounts Committee
2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2013
Chapter 2 - Government Debt and Finance Accounts 2013
10:00 am
Ms Ann Nolan:
We did not have it on the American deal because it was such a big deal and we were under pressure when we went into the programme. There was enormous emergency liquidity assistance, ELA, and our banks owed a large sum to the central bank systems, our own Central Bank and the European Central Bank, ECB. We were under a lot of pressure.
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