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The Independent UK
The Independent UK
National
By Grinne N. Aodha

Varadkar urges Irish banks to raise savings rates after ECB interest rate hike

Leo Varadkar ECB Inflation European Central Bank Interest Rates
PA Wire

The Taoiseach has called on Irish banks to increase savings rates in response to the latest interest rate hike across the eurozone.

Leo Varadkar said the 0.5% rise announced by the European Central Bank (ECB) on Thursday was not unexpected, but acknowledged it was unwelcome for mortgage holders in Ireland.

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