Oireachtas Joint and Select Committees

Thursday, 16 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Bertie Ahern:

Well, in 2001 to 2003 we reined in public expenditure quite strongly, not because of that particular charge at European Union level but because the economy and the dotcom turned down quite severely and we had to do it. But we accepted the ... we accepted the charge. I know you've discussed this previously but we accepted that charge and I don't accept that we ignored it. I mean, we didn't ignore it.

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