Businesses and individuals in debt to tune of €300bn

Irish businesses and individuals are now in debt the tune of almost €300bn, according to new figures published by the Central Bank today.

Businesses and individuals in debt to tune of €300bn

Irish businesses and individuals are now in debt the tune of almost €300bn, according to new figures published by the Central Bank today.

The bank says "private sector credit" increased by €3.6bn in the month of August, bringing total debt level to €297bn.

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