Moody’s expect debt forgiveness for unsustainable mortgages
International ratings agency Moody’s expects debt forgiveness to become the normal way to deal with unsustainable mortgage debt in Ireland. In a note issued yesterday, Moody’s said that once all other...
View ArticleHouseholds continue to pay down debt and save more
Irish households are continuing to pay down their debts to the banks and are saving marginally more, new figures show. The total credit to households outstanding on the balance sheets of the main...
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