Kieran O'Donnell (Fine Gael) | Oireachtas source

The issue of the timeframe relating to the restructuring of non-performing loans in Ireland is coming down the tracks. I fully accept and recognise that the public flotation of AIB shares was very welcome but many individuals with bank loans - including those with small business, farm and buy-to-let loans and, in particular, home loans - have come to members with concerns. The public knows extensive work is taking place within AIB. Many loans that are being dealt with have already been written down to the value of whatever security the bank holds. What is the timeframe in terms of the European development and its implications for any work-out of loans in Irish institutions?