During the recent European elections, Fine Gael candidates wouldn’t answer the following question: what will happen to the €300,000,000 the Central Bank gets when it sells the first of the promissory note sovereign bonds later this year. Will that money be destroyed?

The Oireachtas Finance Committee is concluding its series of meetings on mortgage arrears today.

Emergency powers granted to liquidate Anglo’s bad debt could be dangerous, claim TDs, but have been defended as necessary to protect the use of public funds.