Troika denies asking banks to grant mortgage payment breaks

The European Commission has said the bailout troika has not asked banks to consider allowing mortgage holders to take a temporary break from their repayments.

It follows newspaper reports today that the EU, IMF and ECB had joined with the Government to make the request.

Representatives from a number of banks met the delegation on Monday.

The fourth review of Ireland's compliance with our bailout terms is due to be published tomorrow.

Elsewhere, people are being asked to get in touch with their TDs to call on the Government to tackle the problem head-on.

A group of organisations representing struggling mortgage holders is hoping to force the Government to adopt nine principles to tackle the growing issue.

The nine principles calls for the introduction of personal insolvency legislation, recognition that some people just cannot pay and approaching the overall debt of homeowners rather than just their mortgages.

The group includes Free Legal Advice Centres, Focus Ireland, New Beginning, Threshold and St. Vincent de Paul and they're asking people to contact TDs to push the plans.