Sean Whelan: ECB didn’t know what it was doing
Ex-troika member Ajai Chopra has lambasted the ECB’s economic policy in dealing with the Irish crisis
He thinks it’s incompetent. Ajai Chopra didn’t actually use the word in his rocket salvo of a background paper for the European Parliament, but then he didn’t need to. He had something much better than insults to hurl at the ECB: economics.
Not only does he accuse the ECB of overstepping the mark politically when it came to throwing its weight around and pushing Ireland (and others) into a bail-out programme, but perhaps ...
