Dáil debates

Tuesday, 8 October 2013

Ceisteanna - Questions (Resumed)

Cabinet Committee Meetings

5:00 pm

Photo of Enda KennyEnda Kenny (Mayo, Fine Gael) | Oireachtas source

He negotiated very strongly Ireland's case there. I disagree with the Deputy from that point of view. Nor were the other issues surrounding that just given to Ireland. We agree that for some time banks have lacked the experienced management to be able to deal with these things. At the more local, national level of dealing with distressed mortgages, it has been necessary to retrain people whose previous occupation was, if one likes, lending money rather than dealing with circumstances where people are now in trouble. However, some 80,000 have been restructured. We would like that figure to be higher.

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