McCarthy calls on Government to prioritise Strategic Investment Bank

Labour TD for Cork South-West Michael McCarthy has called on the Government to bring forward plans for a Strategic Investment Bank when the Dáil resumes, following reports showing banks are not going to meet their target for lending to SMEs this year. He said: “The latest report from the Credit Review Office forecasts AIB and Bank of Ireland are unlikely to meet their €3m target each for lending to SMEs [...]

Horn of Africa needs more from global community

Labour Deputy for Cork South-West Michael McCarthy has called on the international community to take more responsibility for the growing crisis in the Horn of Africa. “The crisis is being dubbed the ‘children’s famine’, with nearly 2 million children close to dying from starvation in Somalia alone. This is the worst drought in six decades in the area and over 11 million people are in need of food aid. This [...]

Case of Bantry Hospital unique but clarity still needed

Labour TD for Cork South-West Michael McCarthy has said that the retention of services at Bantry Hospital is critical given the remoteness of the facility. Deputy McCarthy said: “There is no need for alarm, but there is a need for clarity around the issue. “I have requested a meeting with the Minister for Health to discuss the Bantry Hospital issue in light of what happened in Roscommon. This exchange, in [...]