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

It will take a significant period. For the foreseeable future, the framework within which these matters will be dealt is the Irish law constructs I have outlined. The existing policy will be used to resolve these types of matters. There is plenty of debate and negotiation ahead in regard to these European issues. That said, we will engage constructively in that process. The development of a banking union and a capital market by the Department of Public Expenditure and Reform will be of benefit to Ireland in the long run. I am always open to deliverable ideas that make sense in dealing with this kind of issue. Significant progress has been made in respect of non-performing loans. The point is being approached where non-performing loans that have been extant for a significant period are being dealt with and some choices for those holding such loans could be difficult. People with non-performing home loans in particular should consider the role of the Abhaile scheme offered by the MABS because engagement with banks, backed up by professional support, can yield outcomes which, while not always ideal, might be more acceptable to people than if they do not engage with banks. The Abhaile scheme will be very important in that regard.