Oireachtas Joint and Select Committees

Thursday, 2 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Brian Cowen:

Yes, but when you ... when I look at the pre-budget letters and I look at, you know, the various balanced statements that they make and I read them out to myself, I ... they are broadly ... they are broadly positive. I mean, you know, I don't see anywhere there that they say, ''You better not do what you have in mind to do.'' I mean we were growing at 4.5% to 5%, in one case 6.5%, inflation was 2.4%, 2.5%, slightly higher than the EU-----

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