Irish govt could hike bank levy amid mortgage dispute -Deputy PM

April 19, 2015 2:05 PM

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DUBLIN, April 19 (Reuters) - Ireland may consider increasing the annual charge it levies on banks operating in the country if lenders do not move to cut variable rate mortgages, Deputy Prime Minister Joan Burton said on Sunday.

Ireland's recovering banks are under political and public pressure to cut rates that at 4.2 percent are far above the euro zone average of 2.47 per cent, Irish central bank data show.

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