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Draghi refusal to accept ECB failures 'frustrating' - Carthy

12 November, 2015 - by Matt Carthy MEP

Sinn Féin MEP Matt Carthy this morning questioned President of the ECB Mario Draghi at the Economic & Monatery Affairs committee of the European Parliament on issues concerning its role in the banking enquiry in Ireland.

Speaking after the dialogue, Mr Carthy said,

"It was extremely frustrating that issues raised with Mr Draghi regarding the ECB's Interference in the Irish democratic decision making process were either dismissed or went unanswered.

"Unsurprisingly, my request to Mr Draghi to apologise for the destructive and illegal actions of the ECB and for the contempt that the ECB has shown to the democratically appointed banking inquiry and to the Irish people was unheeded.

"The dialogue in its entirety was a farcical substitute for ECB's refusal to formally engage with Oireachtas banking enquiry.

"Mario Draghi didn't adequately respond to any substantive question put by Irish MEP's. He refused to accept any responsibility on the part of the ECB for the banking crisis or the failure to burn bondholders.

"This isn't accountability and it is not good enough for the Irish people who represent 1% of the EU population but who have been saddled with 42% of the costs of a European banking crisis." ENDS

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