GRAPEVINE: Treasury Solutions urges State to create loan and mortgage holidays; plus other news

John Finn of Treasury Solutions says clear thinking and collective responsibility now could be of immense benefit to the nation.

Michael McAteer and Vic Angley of Grant Thornton.

State intervention is urgently needed to give businesses and homeowners extended holidays on loans and mortgage repayments, says one of Ireland’s leading risk management experts.

John Finn, managing director of Treasury Solutions, says the countries which emerge first from the coronavirus pandemic and resulting recession (which will be sharp but, hopefully, short) will steal an economic lead on those that recover slowly.