Shane Ross (Dublin South, Independent) | Oireachtas source

Last week, the Governor of the Central Bank told the finance committee that the idea of strategic defaulters is a phoney concept, a piece of banking propaganda with which the Government goes along. How is the Government going to deal with that? In her speech the Minister of State referred to a distinction between those willing to pay and those who cannot pay. Strategic defaulters are a non-existent entity but the Government likes to claim they exist because it can put the emphasis back on the borrowers as the guilty party which they are not.

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