Oireachtas Joint and Select Committees

Wednesday, 24 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Eoghan MurphyEoghan Murphy (Dublin South East, Fine Gael) | Oireachtas source

Moving back then ... or on to May 2010 and this offer from the IMF about maybe going to precautionary line. In April, the Governor of the Central Bank told the Minister that he thought we could be up next for a bailout. And earlier today, you said that the sovereign crisis began in April and exacerbated through May and June and into the summer. So, why wasn't that offer in May explored seriously?

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