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Written Answers — EU-IMF Fund: EU-IMF Fund (29 Jun 2011)

Michael Noonan: Part of the conditions of the EU-IMF Programme of Financial Support for Ireland is that there should be quarterly reviews of the programme to assess progress against the agreed targets. The Review mission comprises a series of meetings to evaluate all the elements of the programme including fiscal developments, the macroeconomic outlook, progress on commitments in the restructuring of the...

Written Answers — Banking Sector Regulation: Banking Sector Regulation (29 Jun 2011)

Michael Noonan: The Deputy is reminded of the exact terms of the programme for Government: The Government will examine a number of ... proposals, including ... directing any mortgage provider in receipt of State support to present Government with a plan of how it intends to cut its costs, over and above existing plans, in a fair manner by a sufficient amount to forego a 25 basis point increase on their...

Written Answers — Tax Reliefs: Tax Reliefs (29 Jun 2011)

Michael Noonan: I propose to take Questions Nos. 98 and 100 together. The position is that there is a commitment in the Programme for Government to help homeowners in distress. The Government will examine a number of proposals in relation to this commitment. One of these proposals relates to increasing mortgage interest relief to 30% for First Time Buyers who bought between 2004 and 2008 and to finance this...

Written Answers — Public Sector Staff: Public Sector Staff (29 Jun 2011)

Michael Noonan: The moratorium on public sector recruitment began at the end of March 2009. The following table sets out the changes in numbers serving by sector from December 2008 to the end March 2011. 2008 2011 Qtr4 Qtr1 Change from Q4 2008 to Q1 2011 Civil Service 38,817.38 36,762.98 -2,054.40 Defence Sector 11,265.00 10,444.60 -820.40 Education Sector 95,024.34 93,606.91 -1,417.43 Health Sector...

Written Answers — Public Sector Staff: Public Sector Staff (29 Jun 2011)

Michael Noonan: The Minister for Public Expenditure and Reform, Brendan Howlin, T.D has announced the introduction of pay ceilings for higher posts across the public service and for CEO posts in Commercial State Companies. The Minister considers that CEO pay will be reduced in a proportionate manner to include - a general pay ceiling of €200,000 for to higher positions across the public service; a...

Written Answers — Departmental Reports: Departmental Reports (29 Jun 2011)

Michael Noonan: The results of the Comprehensive Review process will be brought before Government for consideration in the autumn as part of the annual Budget and Estimates process. The question of publication of the outcome of the Comprehensive Review in respect of each Department will arise for consideration in that overall context.

Written Answers — Departmental Funding: Departmental Funding (30 Jun 2011)

Michael Noonan: I am highly conscious of the centre to which the Deputy refers and of its track record in relation to peace-building on the island of Ireland and beyond. My Department has worked closely with the centre on its programming activities in the peace-building area. Most recently, the centre received an award of €112,500 from my Department's Reconciliation Fund towards its work in three key...

Written Answers — Tax Code: Tax Code (30 Jun 2011)

Michael Noonan: It is understood that the question relates to the Air Travel Tax (ATT). The ATT is currently applied at the rate of €3 to all passenger departures from Irish airports whose passenger departure numbers are greater than 50,000 in the preceding year. The Finance (No 2) Act 2011 provides for the suspension of the ATT to all departures. The ATT rate will now be reduced to zero on or after...

Written Answers — Garda Stations: Garda Stations (30 Jun 2011)

Michael Noonan: Bailieborough Garda Station is currently located in a building which is deemed inadequate by An Garda Síochána for policing needs and has been prioritised for replacement. In light of the requirement for more modern facilities, OPW has advised An Garda Síochána that the optimum solution in this case is the construction of new purpose-built facilities on a greenfied site. Bailieborough...

Written Answers — European Financial Stability FAcility: European Financial Stability FAcility (30 Jun 2011)

Michael Noonan: I am not aware of any proposals to use European Financial Stability Facility to establish a European Bank Restructuring Agency. The Euro Area Member States agreed in May 2010 to create a European Financial Stability Facility (EFSF) in order to financially support euro area Member States who are in difficulties caused by exceptional circumstances beyond their control. The EFSF was...

Written Answers — EU-IMF Fund: EU-IMF Fund (30 Jun 2011)

Michael Noonan: Ireland is meeting its targets under the EU/IMF Programme and the troika teams have concluded that we have made a strong start. Nevertheless, yields on Ireland's sovereign bonds are remaining at elevated levels and it is clear that this position is being exacerbated by the ongoing uncertainties due to the wider situation in Europe. Clearly, the current market view of Ireland as illustrated...

Written Answers — Redundancy Payments: Redundancy Payments (30 Jun 2011)

Michael Noonan: There are no redundancy 'packages' available currently in the Civil/Public Service. As part of the programme to correct the public finances, the Government is committed to reducing numbers in the Public Service in the period to 2015 and is currently carrying out a comprehensive review of expenditure to examine all areas where savings and numbers reductions might be identified. Part of the...

Written Answers — National Asset Management Agency: National Asset Management Agency (30 Jun 2011)

Michael Noonan: NAMA advises me that the most efficient way to deal with issues arising in connection with period buildings and protected structures controlled by NAMA debtors, is to consider circumstances on a case by case basis. Should it be brought to NAMA's attention that one of its debtors is failing to comply with his or her obligations as regards protected buildings or structures, the Agency's first...

Written Answers — EU Funding: EU Funding (30 Jun 2011)

Michael Noonan: The purpose of EU Regional/Cohesion policy is to reduce the significant economic, social and territorial disparities that still exist between Europe's regions. The budget for the 2007-2013 round is €347bn. Most of this budget is allocated for those countries and regions whose gross domestic product per capita is less than 75% of EU average (81.5% for convergence objective). The remainder...

Written Answers — Banking Sector Regulation: Banking Sector Regulation (30 Jun 2011)

Michael Noonan: I am advised by the institution that the statistics, covering the Republic of Ireland and the United Kingdom areas, sought by the Deputy are as listed below. Year Total Cars Cars purchased/leased 2009 730 102 2010 671 90 2011 (to May) 571 81

Written Answers — Banking Sector Regulation: Banking Sector Regulation (30 Jun 2011)

Michael Noonan: The total number of cars in the Bank of Ireland fleet is 567. Their year of purchase or lease commencement is shown in the table below. Year of purchase or lease commencement Total Fleet 2011 2010 2009 Pre 2009 567 74 167 99 227

Written Answers — Departmental Expenditure: Departmental Expenditure (30 Jun 2011)

Michael Noonan: In response to the Deputy's question some € 47,211 can be attributed to costs incurred or due to be incurred in relation to the establishment of the new Department of Public Expenditure and Reform. The following table gives a breakdown of the costs. All figures include VAT. Cost Breakdown Cost Breakdown Costs € Details 31,350 Fit-out of offices (inclusive of equipment such as...

Written Answers — Banking Sector Regulation: Banking Sector Regulation (30 Jun 2011)

Michael Noonan: The day-to-day regulation of banks and other regulated financial service providers is primarily a matter for the Central Bank. The Central Bank has a range of enforcement tools available to it to ensure the regulation of the financial services industry up to and including the bringing of summary prosecutions. The Central Bank is also implementing a fitness and probity regime for all persons...

Written Answers — Fiscal Policy: Fiscal Policy (30 Jun 2011)

Michael Noonan: The financial crisis has affected and continues to affect all sectors of the economy and the public service has not been insulated from those affects. Public Servants have been required to make a significant contribution to the restoration of the public finances to a sustainable path. Among the measures introduced and impacting on the public service are: ·The general round pay increases...

Written Answers — Financial Institutions Remuneration: Financial Institutions Remuneration (30 Jun 2011)

Michael Noonan: As the Deputy may be aware, I have asked the NTMA to request on my behalf a review of remuneration policies and practices by the covered institutions. This review is intended to encompass all aspects of compensation and is not limited to salary. The specific practice referred to in the Deputy's question, therefore, comprises part of the review. The Deputy may wish to note that the relevant...

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