European Central Bank president Mario Draghi faced questions on the bank’s stance on Ireland during the financial crisis when he appeared at the Oireachtas Committee on Finance, Public Expenditure and Reform and Taoiseach on Thursday afternoon.
He also said there was a need for more competition in the Irish banking market to reduce borrowing rates for households and businesses, describing the current situation as “a quasi-monopoly”.
The ECB chief said the...
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