Risks to the economic outlook are weighted to the downside and relate mostly to uncertainty in the external financial environment. While economic conditions are improving, public and private sector indebtedness remain high. Workout of impaired loans and disposal of non-performing loans in banking sector ongoing, domestic bank profitability remains weak. Mortgage regulations: Call for evidence […]
Good afternoon ladies and gentlemen. It is a pleasure to be back at this year’s conference and to have an opportunity to talk about the regulatory agenda facing insurance companies. My thanks to Sarah Goddard and her colleagues at DIMA for helping organize this event again. DIMA is an important stakeholder to the Central Bank […]
Ireland is a prosperous country, but rankings based on per capita GDP data place Ireland much too high, according to former Central Bank Governor, Patrick Honohan in an Economic Letter. The distorting effects of multi-national firm activity on national statistics, as well as Ireland’s relatively high prices are the main cause. Modified data for […]
