Former IMF chief hits out at ECB treatment of Ireland

The former head of the IMF's Irish mission Ajai Chopra has hit out at Ireland's treatment at the hands of the European Central Bank.

Former IMF chief hits out at ECB treatment of Ireland

The former head of the IMF's Irish mission Ajai Chopra has hit out at Ireland's treatment at the hands of the European Central Bank.

Chopra has said the pressure placed on Ireland to accept a bailout in 2010 was "outrageous".

Mr Chopra's comments were made during a speech at Oxford University.

The IMF official accused the then ECB President Jean-Claude Trichet of over-reaching his power as a central banker.

He also said the possible negative effects of burning the bondholders were exaggerated by the ECB.

more courts articles

Micah Richards ‘grappled’ with man accused of headbutting Roy Keane, court told Micah Richards ‘grappled’ with man accused of headbutting Roy Keane, court told
Roy Keane ‘in shock’ after being ‘headbutted’ through doors, court told Roy Keane ‘in shock’ after being ‘headbutted’ through doors, court told
Roy Keane ‘in shock’ after being ‘headbutted’ through doors, court told Roy Keane ‘in shock’ after being ‘headbutted’ through doors, court told

More in this section

Sir Anthony O'Reilly Colin Sheridan: Larger-than-life O’Reilly left his mark in business circles
Currys' financials Currys shares jump on trading update a month after retailer rejected unwanted takeover offer
Joe Biden Biden increases tariffs on Chinese imports of electric cars and chips
IE logo
Devices


UNLIMITED ACCESS TO THE IRISH EXAMINER FOR TEAMS AND ORGANISATIONS
FIND OUT MORE

The Business Hub
Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Sign up
ie logo
Puzzles Logo

Play digital puzzles like crosswords, sudoku and a variety of word games including the popular Word Wheel

Lunchtime News
Newsletter

Keep up with the stories of the day with our lunchtime news wrap.

Sign up
Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited