Dáil debates

Thursday, 1 April 2010

1:00 am

Photo of Terence FlanaganTerence Flanagan (Dublin North East, Fine Gael)

When will we see a revised business plan for NAMA in light of the decisions made this week on the cashflows to which the Minister has committed the taxpayer for the next ten to 15 years? We want to see a yearly plan. When will the first meeting of the NAMA committee or the Committee on Finance and the Public Service on NAMA be held? How many tranches of loans will be transferred to NAMA?

The Minister referred to householders and the mortgage debt group during the week. Does he have a date in mind as to when an announcement will be made on the decision made by the group in respect of ordinary homeowners who find themselves in difficulty on foot of having purchased homes at the height of the property boom?

With regard to the third banking force, will the Minister update us on whether Irish Nationwide and the EBS will join forces and become one unit?

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