Oireachtas Joint and Select Committees

Wednesday, 1 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Charlie McCreevy:

I would have thought only a ... that that particular modest adjustment would be worthwhile. But actually the outturn, which I wasn't there for, the outturn of the budgetary surplus was very large in that particular year, 2004, and bigger, I think, again, in 2005 and 2006.

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