Results 34,321-34,340 of 36,274 for speaker:Pearse Doherty
- Social and Affordable Housing (15 Nov 2011)
Pearse Doherty: That was an interesting question from Deputy Stanton. Does the Minister believe NAMA is fulfilling its legal requirement to contribute to the social development of the State? The agency is asked to contribute to the State's social development without a price benefit to it. It is not about the first offer to a local authority. I accept it has released some lands through which roads could...
- Bank Guarantee Scheme (15 Nov 2011)
Pearse Doherty: Clearly the Minister did not get the chance to finish his contribution but I will read the Official Report on the overall level. I presume the detailed breakdown will be provided in that. What discussions have taken place between the Department of Finance, the ECB and the Governor of the Central Bank to have the ELA changed from two-week funding to long-term funding? It has been claimed...
- Bank Guarantee Scheme (15 Nov 2011)
Pearse Doherty: Has the new 12-month funding arrangement been extended to any Irish bank? If so, which banks have been able to avail of it? I understood these arrangements are not on offer to Irish banks.
- Leaders' Questions (15 Nov 2011)
Pearse Doherty: There are no measures in place already.
- Leaders' Questions (15 Nov 2011)
Pearse Doherty: There are commitments in the programme for Government, but-----
- Leaders' Questions (15 Nov 2011)
Pearse Doherty: People expect the Government to act on their behalf. They did not elect Matthew Elderfield.
- Banking Sector Regulation (15 Nov 2011)
Pearse Doherty: Question 30: To ask the Minister for Finance if he has received the report from the Financial Regulator regarding the additional powers required to force banks to pass on ECB interest rate reductions to customers; if so, if he will outline the contents of this report; if he will proceed with the necessary emergency legislation on this matter irrespective of whether the regulator requests...
- Banking Sector Regulation (15 Nov 2011)
Pearse Doherty: People on the street who are in mortgage distress or are in danger of slipping in it, particularly those who have mortgages with Bank of Ireland, want to know what the elected Government of this State is going to do to enforce its stated policy, namely, that banks pass on the ECB interest rate decrease. We are not talking about a Government interfering in the private market. The bank is...
- Banking Sector Regulation (15 Nov 2011)
Pearse Doherty: I will repeat the question because Bank of Ireland knows Mr. Matthew Elderfield and the House do not have the powers to force it to reduce interest rates. The chief executive of Bank of Ireland rubbed the noses of the Government in it when he was invited to a meeting with the Taoiseach. The Minister of State, Deputy Hayes, called the decision pathetic. The question on behalf of struggling...
- Banking Sector Regulation (15 Nov 2011)
Pearse Doherty: He is not elected.
- EU-IMF Programme (15 Nov 2011)
Pearse Doherty: The Minister should check his banking policy.
- Economic and Monetary Union (15 Nov 2011)
Pearse Doherty: Question 33: To ask the Minister for Finance in view of recent events in Greece and Italy and the news that the French and German governments are actively considering a radical restructuring and re-sizing of the Euro, if he is actively preparing for the possibility of a collapse of the Euro or any attempt by France and Germany to exclude indebted States from the Euro or to impose...
- Economic and Monetary Union (15 Nov 2011)
Pearse Doherty: I thank the Minister for his reply. The Minister regards this as a hypothetical situation and he does not wish to add to it but none of us wants to see the collapse of the eurozone or of the euro. However, we need to realise that decisive action must be taken that is different from the current type of action. The eurozone is like the Titanic and the damage is so great that unless it is...
- Economic and Monetary Union (15 Nov 2011)
Pearse Doherty: I wish the Minister would answer the question. He spoke of being wrongly quoted. Nobody claims that France and Germany are planning the demise of the euro. That is ridiculous. No European leader wants that. However, other finance Ministers are taking action. I again quote the finance Minister of Germany-----
- Economic and Monetary Union (15 Nov 2011)
Pearse Doherty: -----to the effect that it would be a horrible government that did not make such plans. Those countries have got their act together - have we? Are we developing contingency plans for the eventual break-up of the euro, something I am sure nobody throughout Europe wants to see? However, it could happen and we would be a horrible Government if we did not prepare for the impact on our citizens...
- Economic and Monetary Union (15 Nov 2011)
Pearse Doherty: The Minister should answer the question.
- Economic and Monetary Union (15 Nov 2011)
Pearse Doherty: We have great structures as a result of those treaties.
- Economic and Monetary Union (15 Nov 2011)
Pearse Doherty: He said he has contingency plans for the break-up of the euro.
- Financial Services Regulation (15 Nov 2011)
Pearse Doherty: When representatives of Bank of Ireland were before the economic governmental team, were they asked how much of an additional profit they would make by not passing the ECB interest rate reduction onto their mortgage customers? By how many millions of euro will the bank, and, therefore, its shareholders, be more profitable? Has the Government written to Permanent TSB, which is charging the...
- Fiscal Policy (15 Nov 2011)
Pearse Doherty: In regard to the proposals from the fiscal advisory council on the scale of the adjustment, I agree that a reduction to 1% by 2015 is not a path that should be followed. However, this time last year the previous Government suggested an adjustment which has grown over 12 months by â¬2.6 billion. It went from â¬9.8 billion to â¬11.8 billion to â¬12.4 billion. It has grown by â¬2.6...