178. Deputy Ciara Conway asked the Minister for Finance if the banks need to have any ministerial, Central Bank or other formal instruction to write down personal and mortgage debt by expressly using the capital provided in their bailout for the purpose; if he will confirm that the capital was provided for that specific purpose; his views on whether the domestic economy could recover faster if personal and mortgage debt issues were dealt with in more urgent fashion by the banks; and if he will make a statement on the matter. [11524/13]

Summary

178. Deputy Ciara Conway asked the Minister for Finance if the banks need to have any ministerial, Central Bank or other formal instruction to write down personal and mortgage debt by expressly using the capital provided in their bailout for the purpose; if he will confirm that the capital was provided for that specific purpose; his views on whether the domestic economy could recover faster if personal and mortgage debt issues were dealt with in more urgent fashion by the banks; and if he will make a statement on the matter. [11524/13]

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• Mortgage Resolution Processes

  xml · EN · 5 March 2013

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