Dáil debates

Wednesday, 29 June 2011

10:30 am

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)

It is widely expected that on Thursday, 6 July the European Central Bank will raise interest rates by 0.25%, which may serve to push many people who are struggling to pay their mortgages over the edge. When will promised legislation designed to increase mortgage interest relief for certain categories of homeowners and force the banks to absorb the 0.25% increase be introduced?

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