Figures from the Central Bank show that a key measure of Irish household debt fell sharply in the year to the end of March.
While the amount of money owed by households remained little changed at €140.2 billion in the first quarter of this year, debt as a proportion of disposable income dropped to 133.3 per cent as incomes rose. This percentage was the lowest in 14 years.
It also represented a drop of 9.7 points over...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team