Banking
People making genuine efforts to repay mortgage should not be allowed fall into arrears – Michael McGrath
Banks around Europe have been adapting to successive interest rate increases imposed by the ECB since last July
People who are making genuine efforts to pay their mortgage should not be allowed to fall into arrears because of European Central Bank interest rate hikes, Michael McGrath, the Minister for Finance, has said.
Speaking at the Banking & Payments Federation Retail Banking Conference on Monday, McGrath said he expects a further interest rate hike from the ECB this week.
Banks around Europe have been adapting to successive interest rate increases imposed by the ECB ...
