Oireachtas Joint and Select Committees

Wednesday, 15 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Dermot McCarthy:

Well because the whole, if you like restructuring, both in the banking side and the fiscal side, were the responsibilities of the Minister and Department of Finance. They were the ones through ECOFIN and the normal contacts who would have been engaging with their counterparts in the various institutions. So it was, if you like the appropriate way in which the negotiations would be conducted.

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