Patrick Honohan, a Board Member of the ECB, has always made it plain that as such he acts for the EU interest as a whole (as he sees it), not for Ireland.
He says that the ECB
He was also one of the first out of the trap to have called for a Banking Union.
He says that the Board's latest ponzi bond-buying scheme, which merely shuffles notional cash around, will solve the eurozone crisis.
He said in a speech given at Trinity last week that Ireland was "badly advised" on the Bank Guarantee, but does not say by whom.
http://www.independent.ie/business/i...s-3222773.html
As yet, I have not heard him address the issue of the democratic deficit that is coming about as a result of centralisation of economic decision making, moving it from democratic, to non-democratic fora.
His old employers, the IMF, were fast onto the phone to Ireland last week to warn against any loose talk by Labour or anyone else about General Elections.
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