Pearse Doherty (Donegal South West, Sinn Fein)

The Minister has not answered my question. It is stated in the programme for Government that the banks will be instructed to forgo the 0.25% interest rate rise. My question on behalf of the 200,000 mortgage holders crippled by mortgage repayments is whether the Minister has instructed the relevant banks to come up with a plan which will enable them to forgo the 0.25% interest rate increase due to be announced this week by the European Central Bank.

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