293. Deputy Róisín Shortall asked the Minister for Finance the consideration he has given to introducing measures to provide the Central Bank of Ireland with the power to set maximum mortgage interest rates in certain circumstances, in view of the reluctance of Irish banks to reduce mortgage interest rates in line with the rest of the eurozone; in view of the enormous cost to the Irish people of bailing out the banks through significant additional taxes, such as the universal social charge, and other charges, his views that such action in respect of mortgage interest rates is now urgently required. [18609/15]

Summary

293. Deputy Róisín Shortall asked the Minister for Finance the consideration he has given to introducing measures to provide the Central Bank of Ireland with the power to set maximum mortgage interest rates in certain circumstances, in view of the reluctance of Irish banks to reduce mortgage interest rates in line with the rest of the eurozone; in view of the enormous cost to the Irish people of bailing out the banks through significant additional taxes, such as the universal social charge, and other charges, his views that such action in respect of mortgage interest rates is now urgently required. [18609/15]

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• Mortgage Interest Rates

  xml · EN · 12 May 2015

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