Oireachtas Joint and Select Committees

Wednesday, 16 January 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Matters Relating to the Economy: Discussion with Governor of Central Bank

2:20 pm

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

According to Fiona Muldoon the targets are not being reached. Insolvency legislation has been introduced which should create a carrot and a stick for the banks. Does Professor Honohan believe the Central Bank must increase its monitoring and change its engagement methods with the banks to ensure those people in God damn awful situations are not in worse situations in six months time?

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