Ciarán Lynch (Cork South Central, Labour) | Oireachtas source

Thank you very much. I'm going to bring matters to a wrap-up there, Mr. Moran, and I just want to get one feel for your understanding of the troika dynamic and the different relationships that each partner brought in your engagement with them, through the Department of Finance. And maybe if I could look at that at two levels.

You touched upon it at one level with Senator D'Arcy in the opening line of questioning with him with regard as to what would be the contested interest rate that Ireland would be paying. Maybe if you could comment upon what the three different partners' view was, by your familiarity, as to what the optimum or preferred interest rate would be in terms of the higher rate and the lower rate? And if you could give some indication as well as to the implementation of the programme in regards to its timeframe and other conditions that might have been met as to where there would have been differences between the troika partners?