Oireachtas Joint and Select Committees

Thursday, 7 March 2013

Public Accounts Committee

2011 Appropriation Accounts and Annual Report of the Comptroller and Auditor General
Vote 6 - Office of the Minister for Finance
Chapter 1 - Financial Outturn for 2011
Chapter 2 - Government Debt
Chapter 3 - Banking and Insurance Measures
Chapter 5 - EU Financial Transactions

12:10 pm

Mr. John Moran:

That is the key. The structure Deputy O'Donnell described as the State's debt solution is exactly in many ways the key to the split mortgage solution, where appropriate. We want the banks to engage with customers but it is equally important that customers engage with their banks because as long as they are doing so we will find solutions.

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