Oireachtas Joint and Select Committees

Tuesday, 22 November 2016

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Banking Sector in Ireland: Permanent TSB

2:00 pm

Photo of Paul MurphyPaul Murphy (Dublin South West, Anti-Austerity Alliance) | Oireachtas source

Richard Curran of the Irish Independentdescribed it as the great unexploded financial time bomb ticking away in Ireland waiting to be detonated by rising EC interest rates. If there were to be a significant rise in interest rates would many people with buy-to-let mortgages get into difficulties?

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