Thursday 14 December 2017

Who needs enemies when you have ECB?

The ECB has no love for Ireland and is seeking to punish us. That's why we should tell it where to go, writes Daniel McConnell

When the new government settles into their new offices in the next few weeks, many many problems await them. None more so than Ireland's by now fractious relationship with Europe and in particular the European Central Bank (ECB).

In truth, Ireland's relationship with the ECB has become so dysfunctional that it now verges on abusive, and Ireland is the one being beaten, and beaten hard.

Jean Claude Trichet on his €344,000 plus a year salary and his cronies have no love for Ireland at the minute and despite all the talk of it lending us €150bn to keep our banks afloat, any sensible person would know that is out of its own self interest and not out of any great affection for our small little island.

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