Oireachtas Joint and Select Committees

Thursday, 10 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of John Paul PhelanJohn Paul Phelan (Carlow-Kilkenny, Fine Gael) | Oireachtas source

Okay. Secondly, on the exit from the programme, in your view, now, where you're in a position ... removed, I suppose, from the IMF - or not removed, but no longer working for them - that came out kind of wrong - was Ireland right to exit the programme when it did? And the issue of a backstop, which became a big talking point here in this country at the time - were there negotiations around that and what would the implications of such a backstop have been?

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