Enda Kenny (Mayo, Fine Gael) | Oireachtas source

The answer to the Deputy's question is that it is a case of deciding on the options that are in the best interests of the Irish taxpayer. We could not apply for direct recapitalisation under the decision of June 2012 until we put all the steps in place, including the single supervisory mechanism, SSM, the banking union concept, and all those complicated issues.

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