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Public Accounts Committee: Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011
(17 Jan 2013)

Paschal Donohoe: We are all aware, as I am sure is Mr. Chisholm, of the financial status of Eircom. The most recent financial figures reported showed a loss of €1.5 billion. It recently underwent a voluntary creditor restructuring and, sadly, it has announced a very large number of job losses. Once the status is conferred upon the company, how closely if at all does the regulator engage with the...

Public Accounts Committee: Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011
(17 Jan 2013)

Paschal Donohoe: How will the compensation process work? Will the regulator make available to the company an amount of money to compensate it for an unexpected loss?

Public Accounts Committee: Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011
(17 Jan 2013)

Paschal Donohoe: I fully take on board the point on the operating profit of the unit itself in Ireland and I very much hope it is successful in dealing with the difficulty it faces. I am sure it will be. To return to my earlier question, notwithstanding the facts Mr. Chisholm has laid out on the table, Eircom is facing a degree of financial difficulty and is making great efforts to respond to it. How...

Public Accounts Committee: Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011
(17 Jan 2013)

Paschal Donohoe: Has the regulator identified any such negative?

Public Accounts Committee: Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011
(17 Jan 2013)

Paschal Donohoe: That was my main question and I thank Mr. Chisholm for answering it.

Euro Area Loan Facility (Amendment) Bill 2013: Second Stage (Resumed) (23 Jan 2013)

Paschal Donohoe: The discussion on this Bill offers us an opportunity to discuss the concerns raised by Members such as Deputy Donnelly about bailouts and how they work. It also offers us to a brief opportunity to reflect on the announcement made this morning in the United Kingdom and what that means for the future both of Europe and of Ireland. It is worth reflecting on what happened this morning before we...

Written Answers — Department of Social Protection: Disability Allowance Appeals (31 Jan 2013)

Paschal Donohoe: To ask the Minister for Social Protection when a decision will issue on a disability allowance review in respect of a person (details supplied) in County Mayo in view of the fact that supporting medical evidence was submitted to the Department some time ago; and if she will make a statement on the matter. [4842/13]

Written Answers — Department of Social Protection: Jobseeker's Allowance Appeals (5 Feb 2013)

Paschal Donohoe: To ask the Minister for Social Protection the reason a person (details supplied) in Dublin 7 is not receiving jobseeker's allowance; and if she will make a statement on the matter. [5926/13]

Promissory Notes: Motion (Resumed) [Private Members] (6 Feb 2013)

Paschal Donohoe: The most important challenge for the people we represent is for the State to be in a position to borrow from banks and financial markets at a rate it can afford to fund hospitals, schools, social welfare payments and pension payments in a few weeks, months or years. The most important challenge we face if we want to rebuild confidence in our economy and if we want people to invest, consumers...

Promissory Notes: Motion (Resumed) [Private Members] (6 Feb 2013)

Paschal Donohoe: Deputy Ross did on Leaders' Questions a number of months ago. I was here. He stated the Taoiseach should look at this route.

Promissory Notes: Motion (Resumed) [Private Members] (6 Feb 2013)

Paschal Donohoe: As Deputy Ross knows, a number of months ago a court in New York stated Argentina had to pay back money to people against whom it took unilateral action. One of the reasons an Argentinian naval vessel was impounded recently in a foreign court was because creditors stated Argentina broke its word. It is the reason the Argentinian state aircraft cannot leave its boundaries for fear of being...

Topical Issue Debate: Flood Alleviation Measures (7 Feb 2013)

Paschal Donohoe: I thank the Ceann Comhairle for affording me an opportunity to raise this important matter. The Minister of State, Deputy Brian Hayes, indicated to me that the Minister of State at the Department of Health, Deputy Alex White, would take this matter and I appreciate that he has come to the House. This issue, which I have raised several times in the Chamber, relates to the difficulties faced...

Topical Issue Debate: Flood Alleviation Measures (7 Feb 2013)

Paschal Donohoe: I thank the Minister of State for providing that information. I welcome the fact that since I last raised the issue in the House, progress has clearly been made on the way in which information can be shared. I hope this situation will be resolved soon. It is important that we end up with a process that allows the infrastructure provided by the State to be taken into account by companies...

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 32 - Department of Transport, Tourism and Sport
Chapter 6 - Financial Commitments Under Public Private Partnerships
Chapter 26 - Collection of Motor Taxation
Financial Statements 2011 - National Roads Authority
(7 Feb 2013)

Paschal Donohoe: I welcome the witnesses and thank them for attending. I will start with Mr. Barry on the issue of public private partnerships, PPPs, and the recommendations in paragraph 6.48, page 90, of the Comptroller and Auditor General's report. I wish to discuss the future use of these tools and how they can develop in light of Mr. Barry's points. After that, I wish to discuss with Mr. O'Mahony CIE's...

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 32 - Department of Transport, Tourism and Sport
Chapter 6 - Financial Commitments Under Public Private Partnerships
Chapter 26 - Collection of Motor Taxation
Financial Statements 2011 - National Roads Authority
(7 Feb 2013)

Paschal Donohoe: I would like to develop that issue further. We discussed it with the Departments of the Environment, Community and Local Government and Public Expenditure and Reform a number of months ago and we have touched on it with the witnesses already. I have read the report of the UK's National Audit Office on the use of private finance initiatives, PFIs, the UK's equivalent. What kind of changes...

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 32 - Department of Transport, Tourism and Sport
Chapter 6 - Financial Commitments Under Public Private Partnerships
Chapter 26 - Collection of Motor Taxation
Financial Statements 2011 - National Roads Authority
(7 Feb 2013)

Paschal Donohoe: Of course.

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 32 - Department of Transport, Tourism and Sport
Chapter 6 - Financial Commitments Under Public Private Partnerships
Chapter 26 - Collection of Motor Taxation
Financial Statements 2011 - National Roads Authority
(7 Feb 2013)

Paschal Donohoe: We will consider a different dimension of that risk in future.

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 32 - Department of Transport, Tourism and Sport
Chapter 6 - Financial Commitments Under Public Private Partnerships
Chapter 26 - Collection of Motor Taxation
Financial Statements 2011 - National Roads Authority
(7 Feb 2013)

Paschal Donohoe: In the absence of the toll and the volatility generated by same, we will consider a different mechanism instead.

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 32 - Department of Transport, Tourism and Sport
Chapter 6 - Financial Commitments Under Public Private Partnerships
Chapter 26 - Collection of Motor Taxation
Financial Statements 2011 - National Roads Authority
(7 Feb 2013)

Paschal Donohoe: It is one of the more recent projects undertaken in that regard.

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 32 - Department of Transport, Tourism and Sport
Chapter 6 - Financial Commitments Under Public Private Partnerships
Chapter 26 - Collection of Motor Taxation
Financial Statements 2011 - National Roads Authority
(7 Feb 2013)

Paschal Donohoe: Turning to the risk difficulty being generated by existing PPPs, Mr. Barry made a point to Deputy Connaughton. The issue is picked up on page 83 of the report. I will be pedantic and read from a footnote: "The traffic levels, which are well below the base case scenarios underpinning the PPP contracts, will also have an impact on the PPP companies' returns relative to those envisaged at...

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