Ciarán Lynch (Cork South Central, Labour) | Oireachtas source

Thank you, Deputy McGrath. I just want to deal with one aspect of that and then I've got some questions as well I wish to wrap up with. On the issue of burning bondholders, which has been expressed back and forth here this morning, and given that part of the exiting of a bailout programme requires the sovereign to acquire funding outside of the assistance programme, would the burning of bondholders and the matters that Deputy McGrath is referring to ... if that had happened, would the Irish sovereign been able to get access to independent funding outside of the structural programme earlier or later, or would it have had any impact whatsoever in your opinion Mr. Buti?