Oireachtas Joint and Select Committees
Thursday, 18 June 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Eoghan Murphy (Dublin South East, Fine Gael) | Oireachtas source
But sticking to that point, then, on the interest rate reductions, I mean, what lead the way for that change in thinking with our troika partners, that actually it would be more beneficial to have a lower rate, nearer to the cost of borrowing, to help us out of the programme quicker? Was it in an initiative from the Secretary General of the Department or where did it come from?
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