Oireachtas Joint and Select Committees
Thursday, 18 June 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. John Moran:
And so what I was trying to say was that I think it will probably surprise people to think that if we're paying over €7 billion of interest, that less than €1 billion of that interest is related to bank debt, right, because I think the dynamic of the discussion around our crisis, which is what I said at the beginning, has been all about the property developers, the speculators and the rest.
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