(iii)  Developing financial infrastructure and automation to enhance the coverage of automated teller machines (ATMs) to 10,000; and  (iv)  Reduce the systemic risks of the financial system by developing an adequate safety net for the small depositors and the central bank’s lender of last resort functions as well as a framework for dealing with failing banks.
A Personal Insolvency Arrangement will cover situations where debtors have both secured and unsecured debts above € but below € million. It will apply where a debtor is cash flow insolvent – or unable to pay their debts in full as they fall due – and is unlikely to become solvent in the foreseeable future.