Oireachtas Joint and Select Committees
Wednesday, 17 October 2012
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
2013 Allocations for Public Expenditure - Finance Vote Group: Discussion with Minister for Finance
3:25 pm
Michael Noonan (Limerick City, Fine Gael)
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That is as I have previously outlined. A combination of the direct action the banks have committed to undertaking and the Personal Insolvency Bill will work through for the indebted people and put them in a position to repay their mortgages at a reduced rate.