Forget Leo Varadkar's mortgage tax relief idea, it is small firms that are really getting hammered on rates

Irish mortgages are now cheaper than those elsewhere in the eurozone and people are sitting on large savings

The ECB's home in Frankfurt, Germany. Photo: Getty

Jon Ihle

LAST week Taoiseach Leo Varadkar floated the possibility of reintroducing tax breaks on mortgage interest to help homeowners better absorb the recent steep increases in European Central Bank interest rates.