IRELAND
Irish Independent
Eilish O’Regan
May 12 2017
The response of banks to loans linked to St Vincent’s Hospital campus in Dublin is believed to be key to defusing the row over ownership of the new National Maternity Hospital.
Health Minister Simon Harris and his officials met with members of the St Vincent’s Healthcare Group yesterday to discuss securing a lease which would allow the State to own the €300m maternity hospital to be built on the campus.
The revelation that the Order of the Sisters of Charity, which controls the group, will own the hospital caused a public outcry. This is despite the insistence that an agreement between the existing National Maternity Hospital in Holles Street and St Vincent’s guarantees its independence.
The new effort by the State to gain ownership is complicated by the fact that the banks have fixed and floating charges on the entire campus.
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