Ciarán Lynch (Cork South Central, Labour)
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Question 298: To ask the Minister for Justice, Equality and Law Reform if he will exercise his powers under the Courts Act 1981 to reduce from 8% to 4% the level of interest on judgment debts; if he will confirm that despite the historically low rates applicable elsewhere the interest on judgment debts has been unchanged since 1989; and if he will make a statement on the matter. [41658/09]

Dermot Ahern (Louth, Fianna Fail)
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The rate of interest on judgment debts, reduced from 11% to 8% in 1989, has not been varied since that date. The rate is being reviewed in my Department.