Ireland’s ‘bad Bank’ To Pay Last Slice Of €30bn Debt

This is source I found from another site, main source you can find in last paragraph

Why does all this matter now?

The debate has begun about normalising monetary policy in the eurozone. It's now a matter of when. The ESRI has warned that when QE does end and interest rates eventually rise, it will be bad for heavily indebted Irish households and firms. The think tank warned that QE has allowed banks to lower their cost of financing, and increase lending margins. If this ended, this would increase the cost of financing to the State, as well as the cost of funds to banks. The ESRI says this could act as a limiting factor on lending. If and when the ECB increases interest rates, the ESRI says this could increase the cost of new loans, but also make existing debt harder to service for borrowers. Higher borrowing costs, if passed by banks to borrowers, will affect their ability to pay back their loans and to spend in the economy. The ESRI also warned it could lead to higher levels of loan defaults.

This is source I found from another site, main source you can find in last paragraph

Source : https://www.independent.ie/business/personal-finance/explainer-what-does-quantitative-easing-mean-for-your-pocket-36403829.html

advise

tell

Explainer: what does quantitative easing mean for your pocket?
The Finance 202: Senate to draw red line on estate levy as part of tax negotiations
Time to Get Outraged
Heroic Ireland can do no more, it is up to Europe now
Is a Bond Crisis Inevitable?
Waving goodbye to the FastShip
The Distribution of Pain
A very European crisis
Will the Dutch come clean on their murky tax deals? I should coco