Banks to be asked to help pay for inquiry
The inquiry may be in line for another boost to its work, with the ECB indicating it will review its policy of withholding a letter sent to former finance minister, Brian Lenihan, on the night before Ireland entered into the EU-IMF bailout.
Despite pressure from the European ombudsman, the ECB has previously refused to release the November 2010 correspondence which is believed to have forced the Government into accepting the bailout without burning the banks’ senior bondholders.