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Dáil
‹ Ceisteanna—Questions. Oral Answers. - Farm Rescue Package.

Lenders requiring farmers to sell land

Summary

Byrne challenged lenders’ practice of requiring land sales and asked whether the Minister could control it. The Minister said there were limits to the assistance available and hoped any sale would be limited to land that helped make a farmer viable.

Does the Minister agree with the attitude of the banks and the ACC who are forcing farmers to sell land? Does he agree with that attitude which is disastrous to the economy?

Comment on this

We are doing everything we can to help people but there are limits.

Comment on this

Has the Minister any control over the lending institutions?

Comment on this

I have found them fair.

Comment on this

Does he agree they should not force farmers to sell land?

Comment on this

I said that we hope that when land has to be sold it would be only pockets of land which would help to make the farmer concerned viable.

Comment on this

The Minister therefore agrees that the institutions force farmers to sell land.

Comment on this