Strike negotiations on the cards in Ireland?
Members of the public are not happy about mortgage repayment levels in Ireland.
Strike negotiations could be required in Ireland as people are unhappy about the level of mortgage repayments they face.
David Hughes, deputy general secretary of the Irish Congress of Trade Unions (ICTU), noted the debt facing the country is now "unmanageable", so mortgages should be revised to come in line with current house values.
He noted that so far public protests in the country have not persuaded the government to bring in changes.
"The fight must now be taken to those markets and banks by depriving them of their only resource which is our willingness to pay," Mr Hughes remarked.
And the Irish Nurses and Midwives Organisation has asked for a motion to be debated about a possible mortgage strike as a result.
Newly-elected president of the ICTU Eugene McGlone went on to note that now is the time for union members to demonstrate the right level of resolve over the issue.
Posted by Ken Hayes