Kenny rules out blanket debt forgiveness deal

ENDA KENNY ruled out a blanket debt forgiveness scheme for distressed mortgage holders but pledged that troubled borrowers would not be kicked out of their homes.

But ahead of the release of a key report on the mortgage crisis today, the Taoiseach signalled that solutions for homeowners were still a long way off.

The report will not be officially released by its authors and no press conference is planned.