Housing market report, Makhlouf on interest rates, Donohoe remains at Eurogroup

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Housing market report, Makhlouf on interest rates, and Donohoe remains at Eurogroup: the best news, analysis and comment from The Irish Times business desk.

President of the Eurogroup, Irish Finance minister Paschal Donohoe, Sweden's Minister of Finance Elisabeth Svantesson and German Finance Minister Christian Lindner at the start of Eurogroup finance ministers meeting in Brussels, Belgium, 05 December 2022.The housing market appears to have begun cooling in recent months, with price growth slowing and mortgage approvals tapering off.

Now though the Banking & Payments Federation of Ireland warn the chronic shortage of supply and soaring rents willTraders and mortgage holders across Europe have been parsing central bankers words in recent months for any guidance on what the ECB may do at its next interest rates decision.

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Finance Minister Paschal Donohoe set to be re-elected as Eurogroup president this afternoonDonohoe was the only minister to put his name forward for the role when nominations closed two weeks ago. FFS, he is in charge of the little bell now 🙄 So he has a job that no one wanted, not the incoming Min of Fin nor any other member of this 'informal group'! WEF fix
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