Oireachtas Joint and Select Committees

Thursday, 10 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael) | Oireachtas source

Yes, it would have been a variety of issues. It would be interest rates. It would have been promissory notes, certainly, at that stage. We'd have started it at that stage. But, I mean, the governor of the European Central Bank usually attends Eurogroup meetings and ECOFIN meetings, so I'd be meeting him twice a month anyway, and I've had several conversations with him on the margins of meetings and, you know, I'm looking for something and he's trying to be helpful and saying, "Sorry, we can't do that for you". He was more amenable to our argument than Mr. Trichet was.

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