Patrick Honohan

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Yannis Stournaras, governor of the Greek central bank, has warned of an ‘uncontrollable crisis’ if no deal is done between Greece and its creditors.  Photographer: Simon Dawson/Bloomberg

Some kind of a surprise is required in Luxembourg today if euro zone finance ministers are to bridge their differences with Greece. But don’t count on(...)

The late Brian Lenihan, who died in 2011, is featured in the first of the RTÉ Legacy series. Photograph: Eric Luke/The Irish Times

A documentary about the life and political career of the late Brian Lenihan jnr discloses the difficult relationship he had with Bertie Ahern and the (...)

Cyril Roux, deputy governor of the Central Bank: said the “disjointed” nature of the regulator’s enforcement powers over non-life companies was an “impediment to their effectiveness” and needed consolidation. Photograph: Eric Luke

Central Bank deputy governor Cyril Roux told the Department of Finance in March it did not have sufficient powers or staff to effectively regulate t(...)

Central Bank governor Patrick Honohan: ‘If people were more active in the switching market, it might keep banks on their toes and we would encourage that.’ Photograph: Cyril Byrne

As many as 15,000 holders of standard variable-rate (SVR) mortgages could see their repayments fall by more than €1,000 a year simply by switching (...)

John Hurley appearing at the Oireachtas banking inquiry on Thursday.  John Hurley at the Oireachtas banking inquiry on Thursday.

Liquidating one of the Irish banks was “not an option” on the night of the bank guarantee in September 29th 2008, the former Central Bank of Ireland g(...)

AIB’s rate cuts have put some  blue water between it and Bank of Ireland,  whose SVR is 4.5 per cent. These things are never black and white, of course – Bank of Ireland will pay the 1 per cent stamp duty for first-time buyers.

It was no coincidence that on the same day AIB was due to meet the Minister for Finance to discuss its standard variable mortgage rates, it was also l(...)

The Central Bank’s latest batch of interest rate data provides more evidence of the punitive variable rates being charged by Irish banks.The figures (...)

 Minster of Finance Michael Noonan

Minister for Finance Michael Noonan told the Dáil he was prepared to introduce legislation giving the Central Bank control of variable mortgage inter(...)

Michael Noonan in the Dáil. File image.

Minister for Finance Michael Noonan has said he is prepared to introduce legislation giving the Central Bank control of variable mortgage interest rat(...)

Does Brian Cowen merit him being grilled for up to 20 hours when the executives who actually led the banks and almost bankrupted the State have only been required to spend about four hours each in the witness box?

The Oireachtas Banking Inquiry resumes today with Bank of Ireland chief executive Richie Boucher appearing in the morning followed after lunch by Corm(...)

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