Results 25,101-25,120 of 27,945 for speaker:Michael McGrath

Banks Recapitalisation (18 Apr 2012)

Michael McGrath: Why would the ECB not deal with the IBRC?

Economic Growth (18 Apr 2012)

Michael McGrath: This is similar to a question taken earlier. I take it from the Minister's response that the revised forecasts have not yet been finalised. However, he has indicated clearly a number of times that a further downward revision is anticipated. Such a revision took place on budget day last December and another will take place at the end of April. However, the Minister also has indicated it...

National Asset Management Agency (18 Apr 2012)

Michael McGrath: Question 1: To ask the Minister for Finance if he is satisfied with the performance of the National Assets Management Agency to date; if he is confident that the agency will at least break even over its lifetime; when he expects the agency to wind up on completion of its work; and if he will make a statement on the matter. [19413/12]

National Asset Management Agency (18 Apr 2012)

Michael McGrath: I thank the Minister for his reply. I am sure he will agree that the performance of NAMA, the most important State agency in our economic history, will be critical to the country in the next few years. We now have the benefit of almost two and a half years of NAMA being in operation. The agency has a difficult job of dealing with the fall-out from the collapse of the property market and...

National Asset Management Agency (18 Apr 2012)

Michael McGrath: I repeat my key question. Does the Minister for Finance, as Minister in charge of NAMA, share the confidence of the chairperson of NAMA that the agency will, at least, break even over the course of its lifetime? The Minister has restated the position of NAMA itself. We are well aware of that. It is on the public record. I want to know the Minister's own view. Does he agree with what the...

Banks Recapitalisation (18 Apr 2012)

Michael McGrath: Some €45 million.

Legislative Programme (18 Apr 2012)

Michael McGrath: Question 4: To ask the Minister for Finance in the context of recent comments by the IMF on the publication of its latest World economic outlook, if he is satisfied with the proposed personal insolvency arrangements in respect of secured debt, in particular residential mortgages, as set out in the published scheme of the Personal Insolvency Bill; and if he will make a statement on the...

Legislative Programme (18 Apr 2012)

Michael McGrath: The main legislative response of Government to the crisis of personal indebtedness and mortgage arrears is the personal insolvency Bill, the heads of which were published in January, and it has since been considered by the Oireachtas Joint Committee on Justice, Defence and Equality. I want to focus on one of the three instruments in that Bill, the instrument dealing with secured debt such as...

Legislative Programme (18 Apr 2012)

Michael McGrath: I am sure the Minister agrees with the comments of the Taoiseach and Tánaiste in recent weeks that there is a frustration, which they themselves share, about the lack of progress and the lack of urgency in dealing with the mortgage arrears crisis. The Government has held up this Bill as being the centrepiece of its response. The Government accepted, at Second Stage, a Fianna Fáil Bill in...

Order of Business (18 Apr 2012)

Michael McGrath: Is it the Government's intention to delay the taking of the Bill which will enable the ratification of the ESM treaty until after the referendum on 31 May? Is it the Government's intention to propose ratification of the ESM treaty irrespective of the result of the referendum on 31 May?

Order of Business (18 Apr 2012)

Michael McGrath: Will it be before the referendum or after it?

Banking Sector Regulation: Announcement by Minister for Finance (29 Mar 2012)

Michael McGrath: On a point of order, is the Ceann Comhairle providing an opportunity for Opposition spokesmen to ask questions?

Banking Sector Regulation: Announcement by Minister for Finance (29 Mar 2012)

Michael McGrath: Are we allowed to make even a brief response?

Banking Sector Regulation: Announcement by Minister for Finance (29 Mar 2012)

Michael McGrath: Later today.

Banking Sector Regulation: Announcement by Minister for Finance (29 Mar 2012)

Michael McGrath: Will the Minister make himself available to answer questions?

Banking Sector Regulation: Announcement by Minister for Finance (29 Mar 2012)

Michael McGrath: The Minister is not available later to take questions.

Banking Sector Regulation: Announcement by Minister for Finance (29 Mar 2012)

Michael McGrath: Is that the Ceann Comhairle's final ruling?

Written Answers — Strategic Investment Fund: Strategic Investment Fund (29 Mar 2012)

Michael McGrath: Question 59: To ask the Minister for Finance if he will provide an update on the work of the strategic investment fund established by him last year; the amount of funding currently in the fund; the investments that have been made by the fund to date; and if he will make a statement on the matter. [17473/12]

Written Answers — Departmental Reports: Departmental Reports (29 Mar 2012)

Michael McGrath: Question 71: To ask the Minister for Finance the status of the internal report requested by the Secretary General of his Department of Finance into the €3.6 billion accounting error in the reported figure for Ireland's general Government debt for end-2010; the person who is preparing this report; when it is expected to be completed and given to him; if he will provide a progress report...

Written Answers — Banking Sector Regulation: Banking Sector Regulation (29 Mar 2012)

Michael McGrath: Question 72: To ask the Minister for Finance his views on the fact that EBS, as a wholly owned subsidiary of AIB, is charging a standard variable rate of interest on residential mortgages significantly in excess of AIB; if he intends to take any action in this matter; and if he will make a statement on the matter. [17466/12]