Written answers

Wednesday, 20 March 2013

Department of Finance

Ministerial Meetings

Photo of Micheál MartinMicheál Martin (Cork South Central, Fianna Fail)
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To ask the Minister for Finance if he has spoken to or met the Governor of the Central Bank of Ireland recently to discuss the ongoing mortgage crisis; and if he will make a statement on the matter. [10966/13]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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Both I and my Department maintain close contact with the Central Bank on a range of financial sector issues including the development and implementation of measures to address the mortgage arrears problem. In that regard the Deputy will of course be aware that last week the Deputy Governor of the Central Bank and myself announced additional new measures to tackle the mortgage arrears problem including the publication by the Central Bank of performance targets for the main banks to require lenders to systematically work through their mortgage book and to offer durable solutions to mortgage holders in arrears.

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