Ever since the start of the global financial crisis and the subsequent great recession, Irish banks have been at the forefront of the Euro area’s banking regulators concerns, with sector longer-term profitability and financial sustainability. With mortgages arrears and other legacy of the global financial crisis now waning, more recent attention has shifted away from blaming the strategic defaulters for the banks’ woes, to pointing the finger at legacy borrowers with tracker mortgages, regulatory increases in the cost of bank capital, and the alleged negative effects of the ECB’s exceptionally loose monetary policy. Meanwhile, the banks’ position in the Irish…

Join The Currency

Sign up today: Full annual membership for just €200.

Don’t miss out on what is going on with our daily unique stories from our team of skilled journalists and insightful commentators.

Members of The Currency get full access to over 2,500 exclusive interviews, investigations, and analysis, plus over 180 podcasts.

Annual membership is just €200 for the first year, a saving of €100.

Or try The Currency for the first month for a special introductory rate of €5, a saving of €20.

Cancel at any time.

To become a member today click here.