Ombudsman welcomes ECB decision to release "Irish ECB letter"

Date of article: 07/11/2014

Daily News of: 07/11/2014

Country:  EUROPE

Author:

Article language: en

The European Ombudsman, Emily O'Reilly, welcomes the European Central Bank's (ECB) decision to disclose the letter that the ECB's then President, Jean-Claude Trichet, wrote to the Irish Finance Minister in November 2010. The letter, sent at the height of the financial crisis, called on the Irish government to take swift action to protect the stability of the Irish financial system. The Ombudsman already asked for disclosure in March 2014, arguing that the ECB's reasons for refusing access were no longer valid, more than three years after Gavin Sheridan, an Irish journalist, filed the initial request.

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