Oireachtas Joint and Select Committees
Wednesday, 30 April 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Mortgage Arrears Resolution Process (Resumed): Central Bank of Ireland
2:25 pm
Professor Patrick Honohan:
The Senator has made some very important points regarding problems that have bubbled to the surface because of the scale of debt distress. I absolutely agree that we cannot regard the current situation as excellent or even good. There is the possibility of getting €250 to pay for an adviser who tells one what the bank is doing. Is that enough? I would have to say "No".
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