Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

No. I would never advocate "more of the same" just for the sake of it. We will continue our policies if they work. The evidence on the progress we have made in dealing with non-performing loans is very positive. We want to keep at it. I will give the Senator a concrete example. The Central Bank has noted that since the peak in June 2013, approximately 120,000 private mortgages have been restructured and that 88% of those participating in the restructured mortgages are meeting their commitments, but that is not to deny that there continues to be great difficulty. I know that, but we have seen successive quarters of improvement in non-performing loans. In fact, that rate of resolution is now the fastest in Europe.