Results 2,801-2,820 of 7,082 for speaker:John Paul Phelan

Committee of Inquiry into the Banking Crisis: Context Phase (11 Feb 2015)

John Paul Phelan: Was that not on the face of it at least a conflict-----

Committee of Inquiry into the Banking Crisis: Context Phase (11 Feb 2015)

John Paul Phelan: Can I ask in terms of the ESRI's economic modelling, has it ever been benchmarked against international standards from other European countries or even further afield?

Committee of Inquiry into the Banking Crisis: Context Phase (11 Feb 2015)

John Paul Phelan: In light of Professor FitzGerald's earlier answers that the model did not take into account financial services and the financial sector to the extent that it should have, has it been subsequently rectified? Until Professor FitzGerald left the ESRI, did the model reflect financial services?

Committee of Inquiry into the Banking Crisis: Context Phase (11 Feb 2015)

John Paul Phelan: Why did Professor FitzGerald and his colleagues not pay much attention to HERMES after the data changed in 1999?

Committee of Inquiry into the Banking Crisis: Context Phase (11 Feb 2015)

John Paul Phelan: I am going to ask one of the "discuss" type questions Senator Barrett mentioned earlier, because I do not want to be accused of asking a leading question. My question goes back to AIB. Early in 2006, senior economists within the AIB group approached Professor FitzGerald in regard to information on his analysis on the Central Bank stress tests and the professor subsequently had a meeting...

Committee of Inquiry into the Banking Crisis: Context Phase (11 Feb 2015)

John Paul Phelan: That is why it is a "discuss" question.

Valuation (Amendment) (No. 2) Bill 2012 [Seanad]: Second Stage (Resumed) (12 Feb 2015)

John Paul Phelan: I hope I have more than the one minute and 34 seconds displayed on the monitor although I do not have a major contribution to make. However, I feel I should respond to a few points that have been made by some of the previous Opposition speakers. I welcome the opportunity to speak on the Bill and most of its provisions. The previous speaker, Deputy Troy, prefaced his comments by saying...

Valuation (Amendment) (No. 2) Bill 2012 [Seanad]: Second Stage (Resumed) (12 Feb 2015)

John Paul Phelan: For a Fianna Fáil representative to call for the abolition of rates harks back to perhaps the worst excesses-----

Valuation (Amendment) (No. 2) Bill 2012 [Seanad]: Second Stage (Resumed) (12 Feb 2015)

John Paul Phelan: He asked for the complete abolition of the system. I do not have the record. He said it needed to be abolished and used the word "abolish" three or four times. I know he was referring to commercial rates.

Valuation (Amendment) (No. 2) Bill 2012 [Seanad]: Second Stage (Resumed) (12 Feb 2015)

John Paul Phelan: I urge him to look at the record himself.

Valuation (Amendment) (No. 2) Bill 2012 [Seanad]: Second Stage (Resumed) (12 Feb 2015)

John Paul Phelan: He asked several times for the abolition of commercial rates and said they should be based on a fairer system. Perhaps he is correct, but he did ask for their abolition none the less. He stressed the fact that too much emphasis was being put on IDA-related employment by the Government and bemoaned the fact that it cost €13,000 to create an IDA-supported job. A job is a job, and...

Road Traffic (Amendment) Bill 2015: Second Stage [Private Members] (17 Feb 2015)

John Paul Phelan: Like previous speakers, I commend Deputy Ellis and other members of his party who have brought forward this legislation for discussion. Many Members have had the opportunity over the past few days to meet members of the late Jake Brennan's family, his neighbours and friends. Being from Kilkenny, I can attest to the fact that many people are involved in the Jake's Legacy campaign. In the...

Teaching Council (Amendment) Bill 2015: Second Stage (18 Feb 2015)

John Paul Phelan: We will split the time between us.

Teaching Council (Amendment) Bill 2015: Second Stage (18 Feb 2015)

John Paul Phelan: I join Deputy Mary Mitchell O'Connor in welcoming yesterday's announcement by the Minister in regard to smaller schools and changes to the pupil-teacher ratio for smaller schools which hope to keep teachers on staff. It is a welcome announcement which I want to acknowledge. I welcome most of the provisions in the Teaching Council (Amendment) Bill and the underpinning of the statutory...

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

John Paul Phelan: I welcome Mr. Buti. I shall commence by asking a couple of general questions. When one is a member of a committee like this one finds oneself reading all sorts of documents. I found myself reading the mission statement of a Directorate-General of the European Commission. It reads:The mission of the Directorate-General for Economic and Financial Affairs is to contribute to raising the...

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

John Paul Phelan: I wish to ask a question on that matter specifically. Does Mr. Buti think that the European Commission's surveillance responsibility has been a success? With specific reference to Ireland in the lead-up period to the collapse which we have been discussing, does he believe the Commission was successful or not? I cannot ask a leading question.

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

John Paul Phelan: Much of your statement referred to the Stability and Growth Pact. In 2003 France and Germany were the first two countries to break the 3% deficit limit that was part of the pact. As you said, Ireland never breached that 3% limit, at least during the Celtic Tiger years. Is it fair to say, as some commentators have, that the terms of the pact were not fit for purpose - or, to rephrase that,...

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

John Paul Phelan: Just briefly, I have a series of questions, and I will cut it down to one.

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

John Paul Phelan: I was just saying that, Chairman. The question is about auditors, and I have asked it of many of the witnesses. The European Commission proposed far-reaching reforms to the audit sector before the banking crisis, and these reforms were subsequently changed. Do you believe it should be mandatory for bank auditors to rotate and, if yes, why? Do you believe the mandatory rotation of...

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

John Paul Phelan: I thank Dr. Donovan. I have a couple of questions about the executive board that he referenced in a number of his answers and on page 1 of his statement. Dr. Donovan states that each country is represented. How is each country represented on the board?