The inevitable funding difficulties which would ensue, both for the banks and for the sovereign, would have been regarded by European partners as having been wholly self-imposed. For such reasons, this course of action (never contemplated to my knowledge elsewhere in the Government services) was not recommended by the Central Bank. BIS central bankers’ speeches  3  3.
Programme of assistance  International assistance mooted By September 2010 most informed international observers began to factor in a likely need for Ireland to enter a programme of official financial assistance.