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

And as we know from the, the bailout and from the adjustment programme that came with it, there was quite a significant Exchequer or structural deficit, in and around €30 billion, in regards to the State's solvency, regardless of what the banks were actually requiring in terms of ELA. So, likewise as the question was put to Mr. Cardiff yesterday, could I put the same question to you now again, is, were Irish banks that were covered by the guarantee still solvent and therefore qualifying for ECB, ELA funding at the time of Minister Lenihan's last letter to Mr. Trichet? This was the letter of 21 November 2010.