Category Archives: News
Govt sits on its hands while over 550 mortgages a week fall into arrears
The Government is paralysed by the scale of the mortgage crisis and is failing to help families in difficulty in a comprehensive way, according to Mayo Fianna Fáil TD Dara Calleary. The Central Bank has confirmed that 77,630 or 10.2% of all private residential mortgages are now in arrears of more than 90 days. Deputy Calleary said, “The crisis facing families in Mayo and across the country is accelerating every week. The national figures reflect what I have been seeing in my own constituency for a number of months. In the first three months of the year a further 6,685 mortgages fell into arrears of more than 90 days, almost […]
Read MoreShannon Airport decision has potentially serious implications for Knock
Mayo Fianna Fáil TD Dara Calleary has expressed serious concerns about what he termed “potentially serious implications” for Ireland West Airport Knock arising from the Government’s announcement about Shannon Airport today. Deputy Calleary commented, “The Government’s decision in relation to the reorganisation of Shannon Airport could have damaging consequences for Knock Airport. The Transport Minister Leo Varadkar has given strong indications that there will be debt write off at Shannon Airport. If this is to happen, I want to see any debts that Knock Airport may have written off in a similar fashion. If this new deal includes incentives for airlines to operate out of Shannon, I will demand a […]
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