conference

Household financial distress at "unprecedented levels", insist Honohan

Household financial distress at "unprecedented levels", insist Honohan

Household financial distress is now at "unprecedented levels', according to the Central Bank's Patrick Honohan. Speaking at the bank's conference on distressed property, Professor Honohan said they are "ramping up" its engagement with banks in recognition of the fact that, until recently, they seemed to…