Irish Central Bankers advised Greece on their crisis

onq

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"The cost of bailing out the Irish banks has not increased since the March 2011 tests, the fifth attempt in more than two years to put a final bill on the banking disaster.
As a result of the purported success of the Irish tests, the Central Bank was asked to send a delegation to Athens earlier this summer to help the Greek authorities handle their own banking woes.
"We can confirm that following a request from the Bank of Greece a small team from the Central Bank of Ireland travelled twice to the Bank of Greece to share experiences gained," a Central Bank spokesman said.
The cost of the two trips, which the Central Bank declined to disclose, was shared by the Bank of Greece and the Central Bank.
The officials advised the Greeks on the process followed in the Irish tests and how the test results influenced the reconstruction of the Irish banking system around the two "pillars" of Bank of Ireland and Allied Irish Banks."

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