Oireachtas Joint and Select Committees
Wednesday, 8 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Susan O'Keeffe (Labour) | Oireachtas source
One of the officials at the ECB was ... told one of the newspapers in 2011, he said this kind of boldness that Ireland had achieved in 2009 was not repeated in 2010. On the contrary, the impression was that actions were delayed while uncertainties about what would be done increased. He said Jean-Claude Trichet made several attempts in private conversations on the margins of the European meetings to urge Mr. Cowen and Mr. Lenihan to move swiftly. He said, "We took all opportunities to tell the Irish Government they had to take bold actions very quickly." This is suggesting that they were urging bold actions and none was happening. What would you-----
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