Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

Can I ask you ... the Chairperson was asking ... the Chairperson was asking a question in relation to ... at the opening of the session, in relation to the ELA ... or the solvency of the State and the provision of ELA and obviously you needed to believe that the banks were solvent and a guarantee provided that satisfaction but the State had to be solvent for you to be able to be ... to ensure that the ELA could ... that the banks were solvent. And you mentioned you always took the Government at its word. The question is, did the ECB ever raise issues in relation to the fact that the country was becoming insolvent, i.e., that it needed to get into a programme because the markets were shutting them out?