Draghi: The ECB did not force Ireland into bailout

ECB president Mario Draghi said his bank did not force the Government into a bailout in November 2010.

Speaking at the ECB’s monthly meeting in Frankfurt, he said it was clear from the fourt letters that have been published, “that there was dialogue by Mr Trichet and the decision by the Government.”

Mr Draghi’s predecessor, Jean Claude Trichet, was in charge when the Government entered into a €67.5bn EU/IMF bailout in 2010.