ECB may publish letter to Lenihan next week

The ECB could publish the now notorious letter it sent to then finance minister Brian Lenihan on the eve of the bailout as early as next week.

Fine Gael MEP Seán Kelly said the ECB’s governing council will use a meeting on November 6 to decide on the release of the letter.

Mr Kelly said publication of the letter would bring “transparency” to one of the most important events in modern Irish history. If it is revealed that ex-ECB chief Jean-Claude Trichet put undue pressure on Mr Lenihan, the matter could be raised at the European Court of Justice.