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

I don't recall doing that but if I said that, the context would have been that one of the advantages we had in managing the programme was total buy-in and I was constantly saying to Cabinet Ministers if they had to do things under the programme, you know, "Buy in and take ownership of it." So ... in taking ownership of it, we didn't regard it as impositions. Another way of putting it was, if there was never a programme or never a troika, what we did was necessary for the Irish economy even if we had full sovereignty and everything was a domestic decision.

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