Ms Cathy Herbert:

Yes, because it wasn't as if we had been in denial about our budgetary position. We had taken enormous steps from the time that Brian Lenihan came into office and throughout the crisis and we had ready a very coherent four-year plan so it wasn't ... we had a plan so it could have been, and I think that's what he very much wanted, that that plan could have been implemented by the Government with the, you know, increased supervisory role of the European institutions.