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Dublin: 18 °C Thursday 19 September, 2019

#Household debt

From TheJournal.ie Irish households are the third most indebted in the EU Household Debt

Irish households are the third most indebted in the EU

The Central Bank says this ranking is in spite of a significant decline in the ratio of household debt to disposable income.

From TheJournal.ie Lending to small businesses is up for the first time in 18 months Debt Drawdown

Lending to small businesses is up for the first time in 18 months

Non financial corporations are pulling down more cash, but households are still borrowing less.

From TheJournal.ie Icelandic PM vows to ignore IMF's advice Iceland

Icelandic PM vows to ignore IMF's advice

Sigmundur David Gunnlaugsson says he will ignore the IMF’s criticism of his government’s plans to reduce household debt following the country’s economic collapse.

From TheJournal.ie The Daily Fix: Tuesday Daily Fix

The Daily Fix: Tuesday

All the biggest news stories from the day, as well as the few bits and pieces you might not have seen.

From TheJournal.ie IMF: Allowing homes to restructure debt will solve crisis quicker Household Debt

IMF: Allowing homes to restructure debt will solve crisis quicker

A new global report concludes that economic crises are worse if households accumulate more debt during a boom.

From TheJournal.ie Honohan: Banks aren't solely to blame for state of the Irish economy Debt

Honohan: Banks aren't solely to blame for state of the Irish economy

In a speech this evening, the governor of the Central Bank said living standards have fallen in Ireland by some 17 per cent since the peak of the boom.

From TheJournal.ie Fianna Fáil backs mortgage forgiveness Mortgages

Fianna Fáil backs mortgage forgiveness

The party is in favour of mortgage debt forgiveness – but says that the case of each household must be considered individually.