Mr. Charlie McCreevy:

And, I know Peter Bacon said in his evidence before this committee, when he was asked the question whether we moved too quickly to restore activity. I don't know whether Mr. Bacon said that he ... he did or he didn't, but ... whether was a good idea or not, but I can definitely recall the reasoning for the Government so doing. And I certainly don't ... it wasn't for a moment as a result of any particular lobbying from any particular quarter, it was what ... we had seen the figures and we didn't like what we were looking at.