Brendan Smith (Cavan-Monaghan, Fianna Fail)
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Question 18: To ask the Minister for Finance if he has held discussions with the ECB in relation to the way the cost of the covered institutions of loss making tracker mortgage may be moderated; and if he will make a statement on the matter. [9919/12]

Michael Noonan (Limerick City, Fine Gael)
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As the Deputy will appreciate, officials in my Department are in constant and on-going dialogue with our external partners and all of the covered institutions in respect of implementing structures and solutions which would seek to enhance the overall financial system. As and when further measures are agreed/solutions emerge, I will inform the House as appropriate.