Oireachtas Joint and Select Committees

Wednesday, 1 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Ms Ann Nolan:

Well, it wasn't constantly in the ear. I mean, we had some discussion on it and they just made their position very clear. It's not a question of that they wanted ... you know, their position was really clear. They didn't want this to happen. The ECB, the European Commission which would have been DG ECOFIN, probably at that time, who would have been very reluctant because they were afraid of the contagion across Europe.

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