Caoimhghín Ó Caoláin (Cavan-Monaghan, Sinn Fein)

As regards the proposition before us, before we make a determination on the number of financial resolutions presented, will the Taoiseach indicate if the Government is considering or proposing a measure to address the terrible situation faced by countless families across the State because of fixed interest mortgages, and the consequences for them in ever more straitened economic circumstances? There clearly is a need for the Government to take action in this respect. It is not only about dealing with the financial institutions, but also about dealing with the reality that is affecting ordinary people in their daily lives. Until this issue is tackled there will be a continuing serious deterioration in people's confidence that politics can address their core difficulties. I urge the Taoiseach to offer some hope in this respect and I would appreciate his reply.

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