Oireachtas Joint and Select Committees

Thursday, 10 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Joe HigginsJoe Higgins (Dublin West, Socialist Party) | Oireachtas source

Mr. Noonan, you say in your written statement that weighing up the potential savings of €3.7 billion that would accrue essentially if the burning had taken place against "the immediate and devastating impact of withdrawal of European Central Bank support in Ireland, the impact on financial stability, jobs and the daily lives of Irish citizens, the Government took the decision not to make the statement and not to proceed with burden-sharing with senior bondholders". When did the Government make that decision, Mr. Noonan-----

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