Could Robert Watt be in line for governor’s job at the second time of asking?

If there is any further dragging of heels by the banks, he must exercise the full range of powers at his disposal — and demand more from Donohoe if necessary, writes Daniel McConnell, Political Editor

“IF they wanted an economist, they should have picked Philip Lane,” a former Government adviser told me once.

Patrick Honohan was appointed governor of the Central Bank in 2009 at the height of the financial crisis, to drag the largely discredited institution back from the brink.