| 11.3°C Dublin

I've nothing but contempt for Anglo sneers - Merkel

Close

German Chancellor Angela Merkel. Photo: REUTERS

German Chancellor Angela Merkel. Photo: REUTERS

German Chancellor Angela Merkel. Photo: REUTERS

GERMAN chancellor Angela Merkel has said she has "contempt" for the sneering attitudes on display in the Anglo Irish Bank tapes.

In her first intervention in the controversy, Ms Merkel told reporters the revelations damaged democracy.

Her comments were endorsed today by Transport Minister Leo Varadkar who described them as "very prescient".

Ms Merkel said she has "nothing but contempt for" the disrespectful tone revealed by telephone conversations between senior Anglo executives in 2008.

Speaking at the EU summit in Brussels, she added: "The tone seems to be similar across all banks. It is for us an incredible challenge to convince people who get up every day and every day do their work and always pay their taxes, do everything, even show solidarity with other people who are weaker.

"All of this is destroyed by that and so I have nothing but contempt for that.

"For people who go to work every day and earn their money, it is very, very difficult to understand, if at all."

In one segment, Anglo director John Bowe can be heard singing the words 'Deutschland uber alles' from the old German national anthem.

comurphy@herald.ie


Privacy