Jim Daly (Cork South West, Fine Gael)
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Question 101: To ask the Minister for Finance if he will make any intervention in relation to guaranteed Irish banks that are increasing the interest rate on commercial mortgages to borrowers that request to pay interest only for a short period due to cash flow shortage; and if he will make a statement on the matter. [10512/11]

Michael Noonan (Limerick City, Fine Gael)
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The Government is conscious of the difficult environment commercial mortgage holders are facing. Operating in this challenging economic climate is not easy for businesses. As I informed the Deputy in the House last week, I will ask the regulatory authorities to examine this area to see if something can be done.