Since this is [citation needed] I dug around. Seems like yes, the ECB pressured Ireland into accepting a bailout by threatening them to shut down ELA. But in fact they did it in a secret letter from Trichet to the then finance minister. Getting that letter released took some pressure, as well. [0][1]
So, the only similarity seems to be the ECB threatening to pull ELA. There has alreay been debate that the ECB is already overstepping their mandate, but I can't find an English source for that.
My source is former Irish financial minister talking at parliamentary commission, which investigated crisis, a few months ago. Dont really remember details.
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There were similar leaks from ECB to force Irish to take bailout. Anyway we will see on monday, right now some ATMs in athens are still working.
Since this is [citation needed] I dug around. Seems like yes, the ECB pressured Ireland into accepting a bailout by threatening them to shut down ELA. But in fact they did it in a secret letter from Trichet to the then finance minister. Getting that letter released took some pressure, as well. [0][1]
So, the only similarity seems to be the ECB threatening to pull ELA. There has alreay been debate that the ECB is already overstepping their mandate, but I can't find an English source for that.
0: http://www.irishtimes.com/business/economy/o-reilly-hits-out...
1: http://www.bbc.co.uk/news/business-29942060
My source is former Irish financial minister talking at parliamentary commission, which investigated crisis, a few months ago. Dont really remember details.