News roundup: Top stories at 5 pm

The top Irish and international stories including Ireland's heavy bank losses, the latest on the European austerity debate, and Murdoch's turn at the Leveson inquiry

25th April, 2012
Ireland's banks lost €118 billion in just four years.

These are the top business stories from Ireland and around the world.

**Credit standards** tightened for loans to businesses and home buyers during the first quarter, according to a survey of Irish banks released by the Central Bank today.

**The Central Bank** plans to undertake a survey of people with outstanding mortgage debt.

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