Kieran O'Donnell (Limerick East, Fine Gael)

This sounds like a slow bicycle race, as if the Minister is stalling. He gave a commitment on the floor of the House last March to the effect that he would bring forward such a report. We expect him to honour that commitment.

As regards Fine Gael dealing with toxic loans, we proposed a detailed review needed to be carried out and brought to the House within a period of six weeks which would look at the details in dealing with all the providers of capital, including bond holders, who are not getting full value in the market. We have brought forward a comprehensive proposal which we hope the Minister will take on board. Unlike his proposal, ours would lead to the provision of credit for small business. When is the Minister going to produce the report and what is the reason for the delay? Why is publication to be at the end of June, not now?

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