Bloomberg News

Kenny Pledges Measures to Aid Distressed Irish Mortgageholders

October 08, 2011

Oct. 8 (Bloomberg) -- Irish Prime Minister Enda Kenny said today he will introduce measures to help distressed home mortgageholders.

“There will be additional facilities for people who are in distressed mortgage situations,” Kenny said at a conference in Dublin.

“Fundamentally, we don’t want to see the roof taken from anybody,” Kenny said.

The new measures will be based on proposals the government recently received from a panel of experts, Kenny said. They will be presented in “coming weeks,” he said.

To contact the reporter on this story: Finbarr Flynn in Dublin at fflynn3@bloomberg.net

To contact the editor responsible for this story: Dick Schumacher at dschumacher@bloomberg.net


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