Oireachtas Joint and Select Committees

Thursday, 21 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

So, the impression that Mr. Trichet gave when we had the exchange with him was that the guarantee came as a big surprise to the ECB. But what you appear to be confirming is that the ECB was aware, right up to 29 September, that a bank guarantee was an option under consideration in terms of rescuing the Irish banks.

Comments

No comments

Log in or join to post a public comment.