27.03.2009

Further results from the Central Bank Working Group on household sector debt

The Central Bank Working Group has continued analysing data on household debt since the publication of the first preliminary results on March 11. The Group has analysed two debt restructuring strategies that have been discussed in public in recent weeks, as well as examining the effects of these strategies on different household groups based on their equity position.

Also presented are further results on the distribution of mortgage debt held by different household groups according to their housing wealth and liabilities. An application has been sent to the Data Protection Authority for permission to gather encrypted data on income with the approval of the tax authorities, and the Group hopes to receive the income data in the coming weeks.

Further results from the Central Bank Working Group on household sector debt (.pdf)


Back