Banks are drowning us in debt

This Tuesday, the Central Bank will publish what is probably its most important report this year.

29th October, 2005

This Tuesday, the Central Bank will publish what is probably its most important report this year. The bank will unveil its financial stability report on Irish banks. It will assess whether the banks have been prudent in their lending over the course of the past year and whether there is any evidence of risk to the system.

In a former life, I used to write economic reports for the Central Bank, so am reasonably well...

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