Oireachtas Joint and Select Committees

Thursday, 10 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Senator Michael D?Arcy:

In evidence also this morning, Mr. Noonan, Mr. Chopra said that the €160 billion of funding from the ECB that was ... that the Irish banks were using ... that the ECB effectively wanted their money back. Was that the primary reason the State ended up in a national bailout?

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