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Wednesday 23 August 2017

What they said on a black day for the economy

"I'm not going to disclose budgetary matters in advance of the comprehensive government plan which will be presented in early November, and the Budget itself in early December."

Finance Minister Brian Lenihan on the pain to come.

"If the situation were not so serious, the catch phrase from Laurel and Hardy would be appropriate, namely, 'another fine mess you've gotten us into'."

Fine Gael finance spokesman Michael Noonan.

"Gone."

Central Bank governor Patrick Honohan on what has happened to the €40bn pumped into Anglo Irish Bank and Irish Nationwide, under the worst-case scenario.

"It is important for our own country, for our own benefit in any event, that we bring our finances into order as quickly as possible."

Taoiseach Brian Cowen.

"We strongly endorse Finance Minister Brian Lenihan's handling of this issue."

EU commissioner for economic and monetary affairs Olli Rehn.

"The Government, like a losing gambler, is doubling its bet in the vain hope of a win on the last race."

Noonan on the latest banking injection.

"Well, there was a discussion on all these matters and an agreement was arrived at."

Lenihan on the resignation of AIB chiefs.

Irish Independent

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