Dáil debates

Thursday, 10 July 2014

Strategic Banking Corporation Bill 2014: Committee and Remaining Stages

 

2:10 pm

Photo of Stephen DonnellyStephen Donnelly (Wicklow, Independent) | Oireachtas source

Obviously, it would be a major structural change to the bank.

It is a different version of the point I was making. I believe Deputy Boyd Barrett is also going to the demand side, which we have spent a lot of time discussing in the finance committee in the past two years. While the Minister may or may not accept the amendment, does he accept the point that in order for demand for credit to surface, which it is not doing at present, something has to be done about the current state of the mortgage crisis? If he does, is there any complementary legislation he is thinking through or planning to introduce in the next few months that would incorporate some of the points Deputy Boyd Barrett's amendment is trying to address?

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