Professor Patrick Honohan:

It is not announce, I asked him, or I suggested that it would be a good idea to apply, not to announce, it wasn't about announcing, it was about applying. They wanted an application. That's what they ... only with an application could they continue to negotiate it. So the discussion in Brussels wasn't about an announcement, it was about an application. I made an announcement about the discussions going on which were common knowledge to many, many people. I did not announce an application because there hadn't been an application and wasn't until the following Sunday.