Banks Must Support Farmers Due To Extreme Poor Weather

IFA Farm Business Chairman Martin Stapleton has written to the three main banks urging them to support their farming customers who are facing further problems with the continued bad weather.   The Farm Business Chairman welcomed the announcement by AIB this week of a number of options to support farmers through the current difficulties.   […]

We discussed urgency of repossession crisis with senior PTSB management – Mattie McGrath

    Independent TD Mattie McGrath along with fellow Oireachtas members, John McGuiness, Michael Collins and Michael Healy-Rae as well as representatives from the Friends of Banking Ireland, Jerry Beades and Tom D’Arcy met yesterday with the Head of Retail at Permanent TSB, Brendan Kerins. Speaking after the meeting, Deputy McGrath said that there was […]

Taoiseach telling families to calm down is an insulting reply to PTSB mortgage crisis – Mattie McGrath TD

Independent TD Mattie McGrath has called on the Taoiseach, Leo Varadkar, to provide significantly more robust guarantees for the protection of families that are likely to be affected by the Permanent TSB mortgage crisis. Deputy McGrath was speaking after the Taoiseach attempted during Leaders Questions to insist that concerns were being exaggerated around the possible […]

Tracker mortgage scandal highlights need to put ethics and people at the center of the social market economy – McGuinness

The Tracker mortgage scandal in Ireland highlights the need for banks and institutions to act ethically and morally in their business activities and put the needs of European citizens to the fore in rethinking Europe, First Vice-President of the European Parliament Mairead McGuinness MEP said at a high-level conference of leading European voices in Rome, Italy on […]

IFA Launches Framework For Negotiations With Vulture Funds

IFA President Joe Healy today (Wed) announced the key principles the Association will apply in dealing with vulture funds in support of farmers with credit difficulties, as well as a strengthened farmer support network to deal with individual credit cases. The farm leader said that he wanted to send a strong and clear message that anybody […]

Rural Ireland must not become a carcass for US Vulture Funds

Independent TD Mattie McGrath has expressed his deep concern at reports that US based Cerberus Capital Management is set to ramp up repossessions of several hundred farms in rural Ireland. Deputy McGrath was speaking after the Irish Independent Farming Section broke the news that that as many as 200 farmers may be affected since the […]

Important For Banks To Provide Early Intervention To Farmer Customers Facing Cashflow Difficulties

IFA Farm Business Chairman Martin Stapleton has acknowledged the commitment by Ulster Bank to provide options to alleviate cashflow pressures on farmers, including interest only repayments and extending working capital.   Martin Stapleton said Ulster Bank’s initiative is important given the severe income pressures on farms this year. He advised farmers who are facing difficulties […]

104 Tipperary Families Before Eviction Courts in July – Clonmel 46, Nenagh 58

by Paddy Healy Seamus Healy TD has repeatedly called for a halt to evictions in the Dáil But despite a recommendation of Oireachtas Committee on Housing and Homelessness, the Government Action Plan fails to recommend even a temporary halt to eviction proceedings in court until new debt resolution procedures are in place. As a result […]

Assistance with receiverships bringing Gardaí into disrepute – McGrath

Independent TD Mattie McGrath has called on the Minister for Justice and Equality Frances Fitzgerald to clarify the exact legal relationship that exists with respect to members of An Garda Siochana who assist in the execution of receivership/repossession orders. Deputy McGrath was speaking as fury has erupted in parts of rural Ireland over the shooting […]

Moratorium on repossessions must be implemented immediately – McGrath

Independent TD Mattie McGrath has called on the Minister for Justice to clarify why proposals for a nationwide moratorium on home repossessions have not been brought before the Cabinet. Deputy McGrath was speaking after the Irish Examiner newspaper reported today that a €15 million free financial and legal advice fund is to be created as […]

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