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Leaders' Questions (19 Jan 2012)

Shane Ross: I thank the Tánaiste for his reply, which I take to mean that we will not put ourselves in a situation where the British are not imposing this tax and we are. That is how I understand it and if that is what it means, it is encouraging. Perhaps the Tánaiste does not want to say it in such blunt terms but I presume that is what he means when he makes the distinction between eurozone...

Written Answers — Ministerial Correspondence: Ministerial Correspondence (24 Jan 2012)

Shane Ross: Question 134: To ask the Minister for Finance if he will provide the complete text of any and all letters exchanged between him and the President of the ECB dated 19 November 2010; and if he will make a statement on the matter. [3505/12]

Written Answers — Bank Guarantee Scheme: Bank Guarantee Scheme (24 Jan 2012)

Shane Ross: Question 133: To ask the Minister for Finance for the covered banks, as an aggregate the amount of money in each of the following categories, by month, from January 2009 or earlier if available to the latest date, Irish private sector deposits broken down according to households, non-financial corporations and insurance corporations and pension funds/other financial intermediaries, with a...

Leaders' Questions (25 Jan 2012)

Shane Ross: This is a dark day for Ireland by any measure. Whatever the Taoiseach's likes and dislikes about what is happening, it is a dismal day when we must hand over €1.2 billion. My concern is with regard to the Government response to legitimate criticism on what it is doing today which is, after all, implementing the policies of the previous Government. The scare tactics used in response to...

Leaders' Questions (25 Jan 2012)

Shane Ross: Yes, thank you.

Leaders' Questions (25 Jan 2012)

Shane Ross: Why does the Taoiseach insist on not considering the write-off of debts? Why does he not examine the example of Russia which returned to the bond markets in two years-----

Leaders' Questions (25 Jan 2012)

Shane Ross: -----or Iceland which returned recently and Argentina? All of these wrote off their debts and returned to the bond markets.

Leaders' Questions (25 Jan 2012)

Shane Ross: Why does the Taoiseach not look at the history of the markets which forgive those who write off their debt provided the future looks bright enough for them to lend?

Leaders' Questions (25 Jan 2012)

Shane Ross: The idea of default being a taboo is not acceptable.

Leaders' Questions (25 Jan 2012)

Shane Ross: I thank the Taoiseach for the compliment he paid me last week about my forecast on the economy. I would like to mention something to him in response. It was in the same breath that he told us last week he stuck soundly by the growth rate of 1.3% for this year, the day after his heroes in the troika-----

Leaders' Questions (25 Jan 2012)

Shane Ross: -----said 0.5%. They halved it. Does the Taoiseach still stand by the 1.3% he stuck to this time last week? Nobody else does. Let us argue the toss on this one.

Leaders' Questions (25 Jan 2012)

Shane Ross: I am sure we will not. I will ask the Taoiseach a supplementary question. It is a serious question and I would like him to answer it. Is the Minister for Finance in his negotiations with the European Central Bank and Olli Rehn intent on focusing simply on the terms of the Irish sovereign debt or is he prepared to look at, and is he looking for, a write-off of some of the substantial capital?

Leaders' Questions (25 Jan 2012)

Shane Ross: Is the Taoiseach still on for 1.3%?

Leaders' Questions (25 Jan 2012)

Shane Ross: No, I am not.

Promissory Notes: Motion (Resumed) (25 Jan 2012)

Shane Ross: I wish to respond the Minister of State's comments. His attempt to wrap those in opposition around him and state we were united in agreement on the bones of the motion was complete and utter nonsense. He said: "They also are agreed, to various degrees, that the State should continue discussions with its international partners on how this can be achieved and in general terms that the State...

Leaders' Questions (1 Feb 2012)

Shane Ross: I wish the Taoiseach would use the threat of a referendum more often when he goes to Europe. It is a powerful threat and obviously has an effect. We should have used it at the time of the IMF-EU deal which would have secured us better terms.

Leaders' Questions (1 Feb 2012)

Shane Ross: It is something the European leaders fear. The deal in Brussels on Monday was undoubtedly a lap of honour for Angela Merkel and Germany as the most powerful economic country in Europe.

Leaders' Questions (1 Feb 2012)

Shane Ross: That must be acknowledged. Citigroup described the deal as a compact for low growth. That leaves a great deal of unfinished business for Ireland and particularly for this Government. There are two elements to my question. The first is the debt which the Taoiseach will say he will come to at the next summit. The second is unemployment, an issue which is not of great interest to Germany....

Leaders' Questions (1 Feb 2012)

Shane Ross: I know the Taoiseach spoke with passion and interest about unemployment and small and medium-sized enterprises, SMEs, after the meeting in which the compact was agreed. As a result of this compact for low growth, what prospect has Ireland got of lowering its unemployment rate? Has the Taoiseach delivered a single extra job from this summit? As a result of this compact, are there any...

Leaders' Questions (1 Feb 2012)

Shane Ross: I do not doubt for one moment the Taoiseach's or his Ministers' sincerity in wanting to create jobs. The reality is that it is difficult for an austerity package and a stimulus package to live together. It is unlikely there will be a stimulus package from Europe while this compact exists. He spoke about activation clauses and activation plans. Can he provide us with a forecast figure - as...

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