Oireachtas Joint and Select Committees

Wednesday, 8 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Brian Cowen:

No, because we were still at talks about talks. This was on a Sunday morning in ... Sycamore Room, I recall, and there was myself and himself and a couple of officials from the Department of Finance and my own Department and we were ... he was saying to me that he was having to go out to an ECOFIN meeting on the Tuesday. You'd usually go out to the Eurogroup on the Monday evening and you'd have the Eurogroup ... or, sorry, the ECOFIN meeting on the Tuesday morning. And he wanted some ... he wanted a line ... some line of instruction as to how we were going to handle the situation as it was developing and I said to him ... he said, "Our people are going out to have a chat with him because we have to go up and talk to them. They want to talk to us and we'll go out and talk to them." And I said, "Okay, that's fine, but let's keep it at a ... we're not committing ... we're not pre-committing to this until we know where it's going."

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