Comment: Vicious circle of unchecked debt affects us all
A feature of the Irish economy in recent years has been the growth in borrowing by consumers.
A feature of the Irish economy in recent years has been the growth in borrowing by consumers. The rising indebtedness of Irish consumers has been the subject of much attention.
Concerns have been expressed about whether current debt levels are sustainable and the implications of this for the economy. The amount of unsecured household debt stands at more than €131 billion, up by over €20 billion on the previous year.
This represents a growth rate...
Subscribe from just €1 for the first month!
Exclusive offers:
All Digital Access + eReader
Trial
€1
Unlimited Access for 1 Month, €19.99 Monthly thereafter
*New subscribers only
Annual
€200
€149 For the 1st Year
Unlimited Access for 1 Year
Quarterly
€55
€42
90 Day Pass
2 Yearly
€315
€248
Unlimited Access for 2 Years
Team Pass
Get a Business Account for you and your team
Related Stories
The year in review
The best writing and and the biggest stories of 2019 from the Business Post
Newsround: What Thursday’s papers say
Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals
More cycle routes, expansion of Luas to Bray and new bus network proposed
Greater Dublin Area draft Transport Strategy published
