Oireachtas Joint and Select Committees

Wednesday, 1 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Charlie McCreevy:

So, and 2003 is the first ... and I understand it might be in the history of the State that the budgetary package, as agreed ... as done by the budget, is less than what the memorandum is in June. It has never happened before. What happens in those particular stages, is that negotiations take place-----

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