Eamon Gilmore (Dún Laoghaire, Labour)

The report of the Commission on Credit Unions has been published. The credit union movement was very much involved in the preparation of the report and there was a high level of consultation. It is expected there will be further discussion and consultation with the credit union movement. Some legislation will be required. The object is not to close credit unions but to consolidate and to ensure credit unions and the credit union movement have a secure future. The Government is strongly supportive of the voluntary co-operative credit union movement that has done enormous work in this country. We want to see that continuing. The report of the commission will be helpful in charting the way forward for that.

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