Oireachtas Joint and Select Committees

Wednesday, 17 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Sean BarrettSean Barrett (Independent) | Oireachtas source

Okay. The last paragraph is that Mr. Trichet says: "I am writing to underline the importance that the ECB attaches to the exclusion of interbank deposits with maturity of up to three months from liabilities covered by the draft-scheme." So, we could have saved money if we'd responded to Mr. Trichet's letter?

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