Oireachtas Joint and Select Committees

Thursday, 10 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Eoghan MurphyEoghan Murphy (Dublin South East, Fine Gael) | Oireachtas source

----- thank you, Chair - which the ECB feared and you say that they were exaggerated. If you could comment just a little bit more on that, just so we can understand that because it’s quite important in understanding why we didn’t pursue burden-sharing but also, as well, you do give a figure in your opening statement of €16 billion around November 2010 but ... did the IMF make calculations prior to that period in time and what would that figure have been?

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