Cork South Central Constituency

Local News Stories

Central Bank needs to protect customers and rigorously assess banks’ IT systems – McGrath

The Central Bank needs to rigorously assess the IT systems of banks operating in Ireland following a series of IT issues which have had a major impact on customers, according to Fianna Fáil spokesperson on Finance Michael McGrath. Read More

Govt Needs to Push Forward on National Pension Reserve Fund Investment - FF

35% of portfolio is sitting in cash Read More

Government must defend Ireland’s reputation on corporation tax - FF

Obama comments part of clear pattern of misrepresentation in US circles Read More

Berehaven Credit Union Situation Should Serve as Wake-Up Call – FF Leader

Fianna Fáil Leader Micheál Martin TD has said that the closure of Berehaven Credit Union should act as a wake-up call for the Government on the crisis in rural Ireland and the critical role that the Credit Union movement plays in the country’s social fabric. Read More

FF Leader Dismisses Government Seanad Proposals as ‘Window Dressing’

Fianna Fáil Leader Micheál Martin TD has dismissed the Government's proposed 'major reforms' of the Seanad as simple window dressing, pointing to the Government's failure to even address the central criticism of the Seanad - namely the method by which members are elected. Read More

Berehaven credit union liquidation highlights challenged state of sector – FF

Fianna Fáil Finance spokesperson Michael McGrath has stated that the sudden decision today to put Berehaven credit union in Cork in to liquidation will come as a shock to savers locally and throughout the country and is also a sharp reminder of the challenges facing the sector generally. Read More

Mortgage to rent scheme in need of complete overhaul – FF

Fianna Fáil Finance spokesperson Michael McGrath has described the Government’s “Mortgage to Rent” scheme for distressed borrowers as an abject failure following confirmation that just 42 cases have been fully concluded under the scheme since its inception in July 2012. Read More

57% of sub-prime mortgage holders deep in arrears and still no Govt targets for resolution – McGrath

The appalling state of the sub-prime mortgage book has been revealed by a series of figures released to Fianna Fáil Spokesperson on Finance Michael McGrath, along with confirmation that the government has still not set targets for the resolution of sub-prime arrears cases. Read More

Central Bank fails to protect mortgage holders- McGrath

Heightened risk of wave of repossessions if Central Bank does not reign in banks Read More

FF Leader welcomes review of cuts to 26 disability organisations

Minister must make statement clarifying details Read More

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