Oireachtas Joint and Select Committees
Thursday, 25 June 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Professor Patrick Honohan:
In the sense that ... when I say they liked it, I don't care whether they like it or not, I'm saying what will be the price at which Ireland can borrow? And when I say the market would like it, I mean the market would have been prepared to lend to Ireland at a lower rate if they had found that, as a result of the package, Ireland was less indebted.
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