Liam Twomey (Wexford, Fine Gael)

My question relates to how we can discover what the ECB, which acts very much in secrecy, is thinking. During our recent visit to Germany, a German MP told committee delegates that there is a simple rule in Germany. If one borrows money one must pay it back. The Minister of State spoke about the eurozone being unsettled. Part of the problem is that there is too much secrecy and we are not getting the answers we require quickly enough. The governing council of the ECB very much controls what the bank can and cannot do.

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