I was a late convert to the idea that we needed to do
something quickly... I was persuaded in the few days surrounding the change of government because that's when the sovereign debt crisis was at its peak... Certainly under the conditions under which we embarked on the
election there was no immediate sense of crisis that crisis hit us
around election time and we had to respond to it... I changed my mind in the days shortly after the
election because that was when the sovereign debt crisis his Europe.