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DUNMANWAY-based Labour TD Michael McCarthy is calling on the Government to give more powers to the financial regulator to force banks to pass on ECB interest rate reductions to customers.
Deputy McCarthy said that the ECB had reduced rates to help ordinary people and not to increase profits for banks.
Enda Kenny was said to be furious with the banks. Pic: Fine Gael
THE news that the AIB and the Bank of Ireland will not pass on an interest rate cut to citizens is galling, unacceptable and a precedent that cannot be allowed to continue.
The Government and its members have made numerous calls for this situation to be reversed, yet the AIB have seen fit to ignore a request from the Taoiseach himself to pass on the cuts to the mortgage holders.
The recent rescue of these financial establishments by the Irish citizens was an unprecedented situation, one that the people of this country quite rightly found hard to except.
Now, after these banks stretched the Irish taxpayer to breaking point, they have the temerity to refuse to help ease the difficulty of thousands of Irish customers.
This is, without doubt, unacceptable.
SONG writing legend Jimmy Crowley will share some of his secrets and tricks of the trade as he presents a key workshop at the 2013 West Cork Literary Festival in Bantry this July. A central figure … [More...]
by Marie Cahalane Presented as part of the Cultural Programme for Ireland’s current presidency of the European Union, The Poetry Project pays homage to Ireland’s artistic ingenuity … [More...]
by Brian Moore A PLAN to re-establish a community co-op in Durrus is taking … [Read More...]
by Sharon Murphy Caprese Salad, otherwise known as Tomato, Mozzarella and … [Read More...]
Americans love to eat, So do I, but what is it what makes their food so tasty ? First I need to … [Read More...]
A FINE Gael TD has expressed his frustration and disappointment at the failure to get answers in the … [Read More...]
?A safety initiative entitled “Light Up” will take place nationally on Wednesday 20th and … [Read More...]
by Brian Moore AFTER a dramatic … [Read More...]
CASTLETOWNBERE'S new state-of-the-art lifeboat … [Read More...]
THE Minister for the Marine, Simon Coveney TD has … [Read More...]
THE Dunmanway Library ‘Knit & Natter’ group travelled to Macroom Library … [Read More...]
THE work of seven students in Macroom Youth Reach Centre for Education culminated in the creation of … [Read More...]
by Stephen Johnson THE Kenmare Family Centre has launched a new, low-cost counselling … [Read More...]
AT a recent ceremony at the Bandon Adult Learning … [Read More...]
JOIN The Bere Island Heritage Centre and the World … [Read More...]
THE Minister of State at the Department of Arts, … [Read More...]
THE U16 footballers were on top from the start against Drimoleague in an away league game last Thursday evening. Despite squandering an amount of chances, Skibb ran out winners 4-9 to 2-7 … [Read More...]
by Striker Now that the relegation battle is finally over, it makes interesting reading to work out just what it means, in financial terms of course, to the three teams that finally bit … [Read More...]
TAOISEACH Enda Kenny has offically launched a new walking trail which has been described as Ireland's answer to the famed “Camino de Santiago” in Spain. The Beara Breifne Way is a … [Read More...]
WEST Cork's Gougane Barra, Beara Peninsula and Kinsale have all made it on to the longlist in The Irish Times competition The Best Place to Holiday in Ireland. They are among 25 holiday … [Read More...]
