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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