Caoimhghín Ó Caoláin (Cavan-Monaghan, Sinn Fein)

On the issue of the Government using its new-found leverage in regard to the banking sector, will the Government ensure that the Minister for Finance insists that the banks pass on the full 0.5% decrease in interest rates to customers? Further, will the Government insist that local authorities which are directly under the control of Government through the Department of the Environment, Heritage and Local Government pass on the 0.5% decrease in interest rates to those who are dependent on local authority lending agents, corporations, county councils and so on for their mortgages to purchase their homes, recognising that those who are so dependent cannot get a mortgage in the commercial sector and need that decrease more than most?

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