Results 3,401-3,420 of 15,555 for speaker:Eoghan Murphy
- Committee of Inquiry into the Banking Crisis: Context Phase (15 Jan 2015)
Eoghan Murphy: The Central Bank was driving through that process.
- Committee of Inquiry into the Banking Crisis: Context Phase (15 Jan 2015)
Eoghan Murphy: I think the Governor indicated that, perhaps, the financial regulator side was not contributing in a helpful way.
- Committee of Inquiry into the Banking Crisis: Context Phase (15 Jan 2015)
Eoghan Murphy: Decisions on redrafting and on leaving out what might be important information while including other information was all happening within the Central Bank and it left the board of the bank and was published.
- Written Answers — Department of Public Expenditure and Reform: Early Retirement Scheme (20 Jan 2015)
Eoghan Murphy: 265. To ask the Minister for Public Expenditure and Reform his plans to extend the retirement grace period beyond June 2015 for teachers who cannot retire during the academic year (details supplied). [2822/15]
- Written Answers — Department of Jobs, Enterprise and Innovation: Consumer Protection (21 Jan 2015)
Eoghan Murphy: 113. To ask the Minister for Jobs, Enterprise and Innovation his plans to introduce legislation to ensure that no one can solicit business on a doorstep without a licence. [2971/15]
- Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)
Eoghan Murphy: Picking up from my colleague's questions on the policy side, one of Mr. Regling's policy lessons is that fiscal policy should not be designed and tax bases should not be eroded for distortive goals. What does Mr. Regling mean by "distortive goals"?
- Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)
Eoghan Murphy: Mr. Regling said there was no clear policy evidence for why the changes were made in the tax structure at the time.
- Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)
Eoghan Murphy: When Mr. Regling appeared at a meeting of the finance committee in 2010, he said that, in producing his report, he did not interview the Prime Minister at the time, the Taoiseach.
- Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)
Eoghan Murphy: Why was that?
- Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)
Eoghan Murphy: Mr. Regling was aware that the Taoiseach was a Minister for Finance during the period in question.
- Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)
Eoghan Murphy: Was Mr. Regling aware that the then Taoiseach was previously the Minister for Finance during the period covered by the report?
- Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)
Eoghan Murphy: He decided not to interview the Taoiseach when he was doing this report.
- Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)
Eoghan Murphy: Let me move on to the regulation model. I do not know whether it is a contradiction in Mr. Regling's report but he talks about the structure or regulatory model at the time having been an experiment and about it coming from a compromise. When his colleague, Mr. Watson, was in front of the finance committee, he said in relation to not having the prudential director on the board that everyone...
- Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)
Eoghan Murphy: To be clear on that, although there were clearly problems in putting together this regulatory infrastructure, no matter what design we might have ended up with and no matter why we ended up with it, ultimately, given the way it was implemented it was not going to work in the way it should have.
- Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)
Eoghan Murphy: Mr. Regling spoke about the view in Europe prior to our crisis and bank guarantee on letting a bank fail. Was there a view or policy on bank nationalisation?
- Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)
Eoghan Murphy: I will ask my final question. Mr. Regling mentioned culture and talked about cultural attitudes in this country. When Mr. Wright, who was in the Ministry responsible for finance in Canada, was before us, he referred in his report to Ireland failing the test of prudent fiscal management. Does Mr. Regling see any cultural problems or aspects in this country that make it difficult for us to...
- Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)
Eoghan Murphy: I want to examine the idea of the rainy day fund which you, Professor Lane, have mentioned a few times this morning. Your point is essentially that because we moved from a taxation base that was pro-cyclical – I think Mr. Regling’s report refers to going from 12% to 30% - that money should have been ring-fenced for a rainy day fund, for future difficulties.
- Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)
Eoghan Murphy: We were running budget surpluses at the time but you also make the point that they were not big enough. In one of your papers you stated that underneath it all there was a structural deficit. Mr. Regling said this morning that we are still not good at working out that structural imbalance under the economy.
- Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)
Eoghan Murphy: So our true structural imbalance is something we can see only after the fact.
- Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)
Eoghan Murphy: When talking about a rainy day fund, what place does the National Pension Reserve Fund, NPRF, have?