Irish Election are pleased to announce our collection of Irish 
€280 BILLION MOUNTAIN OF NON-GOVERNMENT DEBT.
Read more about: Economy
With Personal Debt likely to be an election issue, it might be interesting to have this figure broken down?
I have no idea what this might be, but someone out there might have details?
In particular, I would ask the following:-
What proportion of the €280 billion is Business?
How much of the debt is Mortgage Lending?
How much has been raised for Motor Car Loans - both bank & HP?
How much is Credit Card Debt?
Of the Mortgage Lending Total, what is value of the Security?
Total value of Irish housing is currently estimated to be over €500bn. Mortgage debt is estimated at slightly over €100bn, leaving about €400bn of net housing wealth.
(Irish Independent, Business, 29 June 2006)