Oireachtas Joint and Select Committees
Thursday, 16 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Paul Gallagher:
Well, there was some flexibility, and I think that's clear. You could talk to them and, indeed, changes were subsequently made. I think the important thing was: you communicated with them, you maintained their trust and support which was vital. And I distinctly remember Minister Lenihan communicating that to the troika, and he did so on the basis that he felt, democratically, it was appropriate that the new Government would have the opportunity of considering that and addressing that.
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