Fianna Fáil to push for a quicker SME debt solution

Fianna Fáil is to push for a quicker resolution of outstanding SME debt and an expanded PRSI scheme for the self-employed as part of its framework agreement to support a minority government.

Thousands of businesses continue to struggle with legacy debts accumulated during the financial crisis despite significant decreases in the past year.

Figures from the Central Bank show a near-11% reduction in outstanding SME debt during 2015.