Sunday May 31, 2020

Just how affordable are your debts?

'Central Bank research on ECB rate rise impact should give pause for thought'

6th April, 2017

Ireland is very indebted - that should come as no surprise to anyone with a modicum of grey matter between their ears. The long tail of the boom-bust cycle means that many households are still dealing with the impact of wild pre-crash lending policies. And that’s the point - while many households are in arrears, many are dealing with their repayments - but only just.

Just how fragile is that capacity to keep...

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