Enda Kenny (Mayo, Fine Gael) | Oireachtas source

Does he want to expand the disastrous situation that he had previously by extending that across Europe? The Minister for Finance has made clear the Government's intention for those with mortgage difficulties. The 100,000 people under pressure every day and every week in respect of their mortgage problems can have them resolved satisfactorily though a variety of opportunities and methods that are now in place. The last of these to be considered is house repossession. We want to see the majority of these people happy in the knowledge a resolution has been brought about in restructuring their mortgage arrangements with their bank or lender and which they will adhere to in a new format. We want this to give them the opportunity to live and plan their lives without this pressure which has been on them for the past several years and which came about, of course, as a result of disastrous policies produced before. The arrangement will allow them to contribute to their local economy and, as a consequence, to their country.

We want the majority of these difficulties to be resolved with debts restructured and reconfigured without consideration of house repossessions. I am quite sure Deputy Martin understands that very well indeed.

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