Eamon Scanlon (Fianna Fail)

I support Senator Ross's call that the House put whatever pressure it can on the banks. The ECB has awarded a 0.5% reduction in interest rates. However, if there had been an increase, everyone in the House and elsewhere would be paying it by now. It is regrettable that the banks have not passed on the 0.5% reduction and we should put whatever pressure we can on them to ensure they do so.