Dáil debates
Wednesday, 4 May 2011
EU-IMF Programme: Statements
4:00 pm
Joan Burton (Dublin West, Labour)
What would the consequences be for people with mortgages? A default would have enormous implications on how an existing mortgage, and the interest rates on that mortgage, would be priced. If Deputies want to check, they should go and talk to people in Iceland about what has happened there.
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