Officials warned Tánaiste Leo Varadkar and Minister for Finance Paschal Donohoe that mortgage holders would have to pay back interest accrued during their payment breaks or risk facing “serious negative” consequences, prior to their meeting with bank bosses.
Briefing documents drawn up by Department of Finance officials before the May 11 meeting and circulated to both ministers offered guidance on a range of issues, including forbearance measures introduced during the Covid-19...
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