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Leaders' Questions (22 May 2012)

Enda Kenny: I regard the issue of mortgage arrears as the single biggest issue facing our people at the moment. In that sense, I am well aware of the figures that were quoted publicly yesterday. I reject Deputy Martin's assertion that the Government has been chronically inactive in this regard. Deputy Martin is aware that the Government has taken a number of steps in this regard and has established a...

Leaders' Questions (22 May 2012)

Enda Kenny: I made it perfectly clear that we are not talking about blanket forgiveness here. Again, I reject the Deputy's assertion that nothing is happening on this issue. The Financial Regulator expects the banks to furnish to him shortly, if not sooner, their plans to deal with these mortgage problems.

Leaders' Questions (22 May 2012)

Enda Kenny: He expects the banks to furnish the details on the categories and sectors in which these mortgage problems exist. As the Deputy knows from experience, every mortgage case is different, depending on the current circumstances of the borrower. That is the reason driving this issue through a special Cabinet sub-committee is effective, in the sense of requiring the Department of the Environment,...

Leaders' Questions (22 May 2012)

Enda Kenny: We will not have blanket forgiveness. Deputy Martin has deliberately misconstrued the scale and complexity of introducing what is probably one of the most complex pieces of legislation, the personal insolvency Bill. I assure the Deputy that the Office of the Attorney General, the Department of Justice and Equality and the Department of Finance have worked day and night to put this...

Leaders' Questions (22 May 2012)

Enda Kenny: It would be nice to think we could have an overall solution for everybody's mortgage problem. Deputy Martin knows the problems of people in County Cork. I know about the problems of people all over the country and they all involve different circumstances.

Leaders' Questions (22 May 2012)

Enda Kenny: There is a solution by category and sector for each case. I feel for many of those people who suffer from stress in their daily lives because of the problem facing them in terms of the scale of the mortgage they took on. Consider for example the people in Priory Hall who borrowed money to buy apartments that are now useless. Many of them never want to return to them.

Leaders' Questions (22 May 2012)

Enda Kenny: These problems are legacy issues with which we have to and will deal. We cannot deal with them overnight.

Leaders' Questions (22 May 2012)

Enda Kenny: I reject the Deputy's assertion that we are allowing the banks or the troika to dictate the agenda. As she is well aware, the Government and the relevant Ministers have made numerous changes to the memorandum of understanding with the troika in respect of the harder pressed, lower paid difficult situations in which many people find themselves. Of course we know the numbers but the regulator...

Leaders' Questions (22 May 2012)

Enda Kenny: I established it a long time ago.

Leaders' Questions (22 May 2012)

Enda Kenny: Clearly Deputy McDonald has no clue about how legislation is drafted nor has she experience of how Cabinet sub-committees work.

Leaders' Questions (22 May 2012)

Enda Kenny: The Office of the Taoiseach, which I am proud and honoured to occupy, has the necessary clout but one requires a structure in which to use it. The structure that I use is to chair relevant Cabinet sub-committees which call in agencies, Ministers and banks as necessary to focus on these issues. Mr. Elderfield was speaking about a mortgage problem causing a bank problem further down the line...

Leaders' Questions (Resumed) (22 May 2012)

Enda Kenny: I welcome the comments of the Governor of the Central Bank and how seriously he is taking his position. The decision by Danske Bank, which is a Danish bank, was in respect of a write-down of National Irish Bank, which is clearly the decision of the bank. This is of the most serious concern to the people who face this on a daily basis. Every Deputy comes across cases on a weekly basis where...

Leaders' Questions (Resumed) (22 May 2012)

Enda Kenny: I am not sure what Deputy Ross is saying we should do. Is he suggesting the Government should suddenly announce a further recapitalisation of the banks? That seems to be what he is suggesting. There is no such evidence of the need for that here. I take the comments of the two top officials very seriously. They are serious individuals and the Government is serious in hearing the message...

Departmental Strategy Statements (22 May 2012)

Enda Kenny: I propose to answer Questions Nos. 1 to 5, inclusive, together. The statement of strategy from my Department, published in March, reflects the considerable process of change and restructuring the Department has undergone since I took office. The Department of the Taoiseach, in its position at the centre of Government, has a very important role to play in supporting me and the rest of...

Leaders' Questions (16 May 2012)

Enda Kenny: I understand that Deputy Pringle has instituted proceedings in the High Court which include the seeking of an order to compel the State to hold a referendum on the ESM. He has also challenged the process to amend Article 136 of the treaties of the European Union, which is the Lisbon treaty, which is already under way. Therefore, I do not propose to comment on something that might be before...

Leaders' Questions (16 May 2012)

Enda Kenny: I mentioned this possibility in Dublin Castle some weeks ago and I note the IMF has made similar comments. There is concern being expressed about the banking situation in Spain, for instance, which may require an analysis similar to what was carried out in this State. There is no appetite for a second situation arising in this country where the State would have to borrow to pay off the...

Order of Business (16 May 2012)

Enda Kenny: It is proposed to take No. 6, Credit Guarantee Bill 2012 - Order for Second Stage and Second Stage. Private Members' business shall be No. 36, Regulation of Debt Management Advisors Bill 2011 - Second Stage (resumed), to conclude at 9 p.m. if not previously concluded.

Order of Business (16 May 2012)

Enda Kenny: This issue will be dealt with in the competition Bill, as outlined in the programme for Government, and is being actively pursued by the Minister for Jobs, Enterprise and Innovation and his Department.

Order of Business (16 May 2012)

Enda Kenny: No, he is very much in and is a very important Minister in this Government. In respect of the matter to which the Deputy referred, it will be dealt with in the competition Bill, as set out in the programme for Government.

Order of Business (16 May 2012)

Enda Kenny: Everything in here is interesting.

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