Businesses back Central Bank report

The Central Bank report on Irish credit conditions drew widespread support from business organisations.

Isme chief executive Mark Fielding said: “This present administration must stop their current love affair with the banks, demand changes in bank operations, and insist that they partake in a positive way in the recovery.

“It may suit the administration to believe the fiction created by bankers’ spin that the system is functioning: Otherwise why sink billions of taxpayers’ money into keeping them afloat?