It'll be the fourth successive hike to interest rates by the ECB, if granted on Thursday.
Irish homeowners could see their mortgage repayments grow further, as another hike in interest rates looms.
The European Central Bank is expected to raise rates for a fourth successive time on Thursday, in an attempt to ward off inflation, which is running at 10%.
The increase is expected to be passed on by lenders to customers, further increasing mortgage repayments.
Ireland South MEP Seán Kelly says banks could take on the increase instead of squeezing homeowners further:
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