Honohan: Troika deal was disappointing, but best available

The outgoing governor of the Central Bank said he was initially concerned the Troika bailout deal was not a good one.

Honohan: Troika deal was disappointing, but best available

The outgoing governor of the Central Bank said he was initially concerned the Troika bailout deal was not a good one.

Patrick Honohan has told the banking inquiry it was clear to him by November 4, 2010 that a programme application could no longer be deferred, though the then Finance Minister Brian Lenihan did not begin negotiations for another week.

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