Government won't initially oppose Fianna Fáil bill to tackle mortgage rates
Concerns have been raised about the constitutionality of the proposal
This is despite concerns raised about the constitutionality of the proposal, which would give the Central Bank powers to force banks to reduce their standard variable rates (SVRs).
In a sign of the new political reality facing the minority government, Finance Minister Michael Noonan will attempt to move a motion in the Dáil this evening to send the bill back to pre-legislative scrutiny stage in the Oireachtas. But with Sinn Féin supporting the Fianna...
Subscribe from just €1 for the first month!
Exclusive offers:
All Digital Access + eReader
Trial
€1
Unlimited Access for 1 Month
*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
Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures
The Daily Briefing
What’s coming up today and what you might have missed
The Daily Briefing
What’s coming up today and what you might have missed.
