European Parliament urges Irish banks to offer zero-interest loans to mica households

MEPs from Spain, Estonia and Latvia have arrived in Ireland to conduct a ‘fact finding mission’ into mica crisis

Around 7,000 homes around the country that have been destroyed by defective blocks. Picture: Clive Wasson

A delegation from the European Parliament has called on the government to accelerate the establishment of an oversight committee into the defective concrete block crisis and urged Irish banks to offer zero-interest loans to the homeowners affected.

MEPs from Ireland, Spain, Estonia and Latvia arrived here on Monday to conduct a “fact finding mission” into the mica crisis.

Over the course of three days, the delegation will inspect affected buildings in Dublin and Donegal, meet ...