Billy Kelleher (Cork North Central, Fianna Fail) | Oireachtas source

I urge the Minister, in his discussions tomorrow with Patrick Honohan, the Governor of the Central Bank, tomorrow, to impress upon him that Parliament has overwhelmingly endorsed this view and expressed strongly that the variable rates charged by banks on existing mortgage holders are unacceptable. It is morally wrong that those who were thrown a lifeline are taking the lifeline from those who are now drowning under unsustainable debts. Any answer from the banks other than acceding to what I hope will be a strong request by both the Minister and the Governor of the Central Bank to the lending institutions would be shameful.

See this speech in context