Banking inquiry: ECB withdraws offer of an ‘informal exchange’

Fresh divisions have erupted between the Oireachtas banking inquiry and the European Central Bank (ECB) over its refusal to answer to the committee.

Correspondence published on Wednesday on the ECB website shows its vice-president Vítor Constâncio has withdrawn his offer to attend an “informal exchange of views” with the inquiry regarding the crash.

The ECB resolved in February to allow Mr Constâncio to make an Oireachtas committee appearance but only if it took place outside the inquiry process. In a letter on July 23rd to Independent MEP Marian Harkin, ECB chief Mario Draghi blamed remarks by inquiry chairman Ciarán Lynch for Mr Constâncio’s refusal to appear.

via Banking inquiry: ECB withdraws offer of an ‘informal exchange’.

 

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