The Trichet letters: Noonan received more threats from Trichet

The Trichet letters: Noonan received more threats from Trichet

Lenihan left a political booby-trap for Noonan in 2011, but the ECB boss made sure he stepped on it.

Brian Lenihan was not the only Irish finance minister to be threatened by Jean-Claude Trichet.

The letters from the then-president of the ECB to Brian Lenihan in November 2010, released last week, explicitly show Trichet’s warnings that he would cut off support for Irish banks if the government did not seek formally seek a bailout immediately.

But Trichet issued similar warnings to the current finance minister Michael Noonan shortly after he took office in March...

Subscribe from just 1€

Exclusive offers

Choose the subscription that is right for you

Monthly Subscription

€1

For the first month

€19.99 Monthly Thereafter

Subscribe today

Cancel anytime

Annual Subscription

€200€149

For the first year

€199.99 annually thereafter

Subscribe today

Cancel anytime

Quarterly Subscription

€55€42

For the first 90 days

€55.00 quarterly Thereafter

Subscribe today

Cancel anytime

These offers are not available for current subscribers. Offers and pricing are subject to change without notice.

Terms & Conditions Apply

Please Subscribe or Log in to continue

Subscribe Login

Related Articles

More from The Business Post