Relevant:
- Ireland Seeks to Have Europe Share in Risk of Ailing Banking Sector
- Irish bankers 'hoodwinked' government over bailout, secret recordings show
- Ireland to Seek EU-Led Bailout as Lenihan Works to Avert Bank `Collapse'
- Ireland warned it will have to stump up state assets in bailout
- Euro zone's Jeroen Dijsselbloem calls for ESM to be turned into a European IMF
2012-08-20 — bloomberg.com
Ireland's bankers and bailout masters are pressing the government to make it easier to seize homes bought as investments to rent out as defaults on the loans surge after Western Europe's worst real-estate collapse.
The International Monetary Fund, the European Commission and the European Central Bank, the so-called Troika that rescued Ireland in 2010, want the state to tackle a legal loophole impeding lenders from foreclosing on loans taken out before 2009, according to three people familiar with the matter, who declined to be named as final decisions haven't been taken.
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.
