Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

The economic concession runs short of a debt write-down, which is what I would like to see, but it is an improvement and we need to look at it more closely.

If Ulster Bank, unlike Bank of Ireland in cases of voluntary surrender, is not chasing as a matter of course the shortfall which is very fair and reasonable, it is, in effect, giving a write-down on an unsustainable debt.