Donohoe rules out price controls in any new measures to tackle cost-of-living crisis 

Brendan McDonagh, CEO at Nama; Minister for Finance Paschal Donohoe; and Aidan Williams, Nama chairman, at the launch of the Nama annual report.

The Government will not consider price controls or price caps as part of any new measures to fight the cost of living crisis, Finance Minister Paschal Donohoe has said, and that any new anti-inflation moves won't be taken before the budget in October.    

Speaking at a Nama event, Mr Donohoe said that price caps wouldn't work well in an economy of Ireland's size, telling reporters that the €2.4bn in measures that he had already introduced since inflation started surging last autumn were "more effective" in protecting all households, as well as vulnerable individuals.