Ireland’s Honohan laments indebtedness in the country

patrick-honohan

The governor of the Central Bank of Ireland, Patrick Honohan, on March 14 spoke to Limerick Law Society about the problems with debt the country faces.

In a speech entitled Household Indebtedness: Context, Consequence and Correction, Honohan said "systematic and effective engagement" with the public was able to "bring predictability to hopelessly over-indebted borrowers, restoring their ability and motivation to become productive members of society".

With almost €100 billion ($130.9 billion) of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: