Oireachtas Joint and Select Committees

Wednesday, 8 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Brian Cowen:

No, it was needed anyway. We needed ... if the market ... if the markets improved for us and we are to go out on the bond market and fund our State with money from those bonds, we still had a job of work to do to get our ... to get to a sustainable position between what we were spending and what we were earning and that was-----

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