Proinsias De Rossa
Question:190 Proinsias De Rossa asked the Minister for the Environment and Local Government the plans, if any, he has to introduce a lower fixed rate of interest for those local authority tenant purchasers who have bought their homes at fixed rates of interest of the order of 9 to 10 per cent in view of the consistently low level of interest rates and the implications of EMU which financial commentators say will lower interest rates further by at least 2 per cent in the next couple of years; and if he will make a statement on the matter. [2411/98]