Martin Conway (Fine Gael) | Oireachtas source

I thank the Minister of State for his comprehensive outline of Government initiatives. I acknowledge that much has been done but there is still a way to go in terms of creating a fair equilibrium in banking because, unfortunately, the community and public banking model has been thwarted in favour of traditional commercial banks. The initiative that has been tried, tested and worked wonderfully in parts of Germany is getting serious consideration and I hope that the Minister of State and his Cabinet colleagues will, with their Departments, make a decision on this report as soon as possible because people would be happy to see progress on this matter. I acknowledge that the rate of progress is slow but I would rather it be slow and done right than rushed and not done right.