Irish Mortgage Holders Will Have To 'Take Their Medicine' When It Comes To The ECB

That's according to the CEO of a midlands Credit Union.

Irish mortgage holders will have to "take their medicine" when it comes to the ECB.

That's what Tullamore Credit Union CEO Paul Shaw is saying ahead of a meeting of the European Central Bank this week.

There are concerns those with tracker mortgages will be hit with a tenth rate-rise since July, last year.

Mr Shaw says Ireland has little say in the matter, and people should be looking elsewhere for relief:

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