Tuesday 6 December 2016

ECB shares blame for getting us into mess

Published 09/04/2011 | 05:00

Robert Browne, quoting Brendan Keenan, is right that 'We are in this mess because the people who overstretched themselves were Irish' (Letters, April 8). But there is a little more to it than that. 'We', the ordinary people, did not cause the problems.

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The decisions of a small number of Irish people at the top of the power pyramid were to blame. But they were aided and abetted by even more powerful people in Frankfurt, London, Paris, etc. Keenan is not exactly correct in saying 'blaming Europe is not going to help'. The ECB might be keeping our ATMs going, but they also had some responsibility for this situation. We should not be shy in pointing that out to them.

A Leavy
Sutton, Dublin 13

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