Results 19,361-19,380 of 26,148 for speaker:Kieran O'Donnell

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: General Scheme of European Stability Mechanism (Amendment) Bill 2014: Discussion (24 Sep 2014)

Kieran O'Donnell: Is it fair to say the ESM has leveraged? Of this funding, it just so happens that €80 billion has been provided by way of individual cash investments by member states. Is it just a co-incidence that the figure for the recapitalisation of banks is lower than that figure at €60 million?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: General Scheme of European Stability Mechanism (Amendment) Bill 2014: Discussion (24 Sep 2014)

Kieran O'Donnell: Over what time period is it to provide for the €60 billion? Is it a one or two year programme?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: General Scheme of European Stability Mechanism (Amendment) Bill 2014: Discussion (24 Sep 2014)

Kieran O'Donnell: No timeframe is indicated.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: General Scheme of European Stability Mechanism (Amendment) Bill 2014: Discussion (24 Sep 2014)

Kieran O'Donnell: The eurozone has a relatively large number of member countries. In the context of our own situation, €60 billion is lower than the burden the Irish taxpayer took on in terms of the banks. While it is a phenomenal amount of money, in the broader European context as opposed to Ireland, it is not enormous. The question arises as to what would happen if the €60 billion was gone...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: General Scheme of European Stability Mechanism (Amendment) Bill 2014: Discussion (24 Sep 2014)

Kieran O'Donnell: Can Mr. Ó Brolcháin see a situation arising where the ESM could take a controlling interest in Irish banks? It is a question Deputy Michael McGrath broached and an obvious one to ask. Would the ESM seek to take controlling interests in Irish banks if the situation arose or would it use a mechanism whereby it would keep a minority interest coupled with preference shares?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: General Scheme of European Stability Mechanism (Amendment) Bill 2014: Discussion (24 Sep 2014)

Kieran O'Donnell: I welcome the officials. With regard to the €60 billion in the ESM, is there any distinction in the amount an individual country can draw down from it?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: General Scheme of European Stability Mechanism (Amendment) Bill 2014: Discussion (24 Sep 2014)

Kieran O'Donnell: What is the composition of the board of governors?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: General Scheme of European Stability Mechanism (Amendment) Bill 2014: Discussion (24 Sep 2014)

Kieran O'Donnell: It is a political board.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: General Scheme of European Stability Mechanism (Amendment) Bill 2014: Discussion (24 Sep 2014)

Kieran O'Donnell: Mr. Ó Brolcháin mentioned that Ireland had put in €1.275 billion.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: General Scheme of European Stability Mechanism (Amendment) Bill 2014: Discussion (24 Sep 2014)

Kieran O'Donnell: Is it paid in cash?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: General Scheme of European Stability Mechanism (Amendment) Bill 2014: Discussion (24 Sep 2014)

Kieran O'Donnell: In what is proposed, is there a distinction between current capitalisation and retrospective recapitalisation?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: General Scheme of European Stability Mechanism (Amendment) Bill 2014: Discussion (24 Sep 2014)

Kieran O'Donnell: What is the distinction? Obviously, Mr. Ó Brolcháin has looked at this in great depth; therefore, we will deem him to be the authority on it. Article 14 on retrospective recapitalisation has particular significance in the Irish context. What is the distinction between how the ESM looks at retrospective recapitalisation and current recapitalisation?

Public Accounts Committee: Business of Committee (18 Sep 2014)

Kieran O'Donnell: As for the medical cards, on what date are the representatives of the Health Service Executive due to appear?

Public Accounts Committee: Business of Committee (18 Sep 2014)

Kieran O'Donnell: Will the medical card report be coming up prior to their appearance?

Public Accounts Committee: Business of Committee (18 Sep 2014)

Kieran O'Donnell: Does the clerk anticipate that the report will be published prior to their appearance?

Public Accounts Committee: Business of Committee (18 Sep 2014)

Kieran O'Donnell: Often when NAMA appears before the committee it does not have the required information. It is important that we ask for information in advance. There is clearly an issue with housing. We must get a proper portfolio and audit of all available housing stock both in terms of number, location and size. We should also get a proper idea of the number of serviced lands that are ready for build...

Public Accounts Committee: Business of Committee (18 Sep 2014)

Kieran O'Donnell: That was just before the end of term.

Written Answers — Department of Finance: Pensions Levy (17 Sep 2014)

Kieran O'Donnell: 213. To ask the Minister for Finance his plans for reviewing the pensions levy; and if he will make a statement on the matter. [33351/14]

Written Answers — Department of Environment, Community and Local Government: Tenant Purchase Scheme Eligibility (17 Sep 2014)

Kieran O'Donnell: 1505. To ask the Minister for Environment, Community and Local Government his plans to review the fixed-term tenant purchase scheme or other such schemes to allow persons who previously owned a home or who are non-first-time buyers to be allowed to engage in the purchase of property from a local authority; and if he will make a statement on the matter. [33343/14]

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Pre-Budget Submissions: Discussion (Resumed) (16 Jul 2014)

Kieran O'Donnell: Regarding Ms O'Sullivan's point about the refund of social welfare overpayments, if people are not entitled to something, they should not get it, but sometimes it can happen inadvertently.