Seanad debates

Thursday, 12 June 2003

Interest Rates Reduction: Statements.

 

10:30 am

Photo of Mary O'RourkeMary O'Rourke (Fianna Fail)

I am glad the Minister of State, Deputy Michael Ahern, was able to address the House on this matter and to listen to the debate. I particularly appreciate that because he attended the House for the Final Stages of the Bill. I appreciate also the role of the House in highlighting this matter. It was taken up here on Tuesday, before there was any move by the financial institutions but just after the Taoiseach, the Tánaiste and the financial regulator had spoken out strongly about the need for the banks to pass on the ECB's interest rate cut.

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