Results 3,501-3,520 of 27,019 for speaker:Michael Noonan

European Council: Statements (2 Nov 2011)

Michael Noonan: The Deputy is misleading. He has made an ambiguous statement.

European Council: Statements (2 Nov 2011)

Michael Noonan: I said it would happen with the consent of the European Central Bank.

European Council: Statements (2 Nov 2011)

Michael Noonan: If the Deputy wants to quote me, he should quote me in full.

European Council: Statements (2 Nov 2011)

Michael Noonan: This is makey-up stuff.

European Council: Statements (2 Nov 2011)

Michael Noonan: The Deputy is great when he is angry.

European Council: Statements (2 Nov 2011)

Michael Noonan: The Deputy is being silly.

European Council: Statements (2 Nov 2011)

Michael Noonan: It was the Deputy's crowd that put the country in this state.

European Council: Statements (2 Nov 2011)

Michael Noonan: Why can he not be a bit embarrassed?

European Council: Statements (2 Nov 2011)

Michael Noonan: It is very fair.

European Council: Statements (2 Nov 2011)

Michael Noonan: That is democracy.

European Council: Statements (2 Nov 2011)

Michael Noonan: Deputy Martin had every opportunity to ask a decent question.

Developments in the Eurozone: Statements (2 Nov 2011)

Michael Noonan: It is like coming to the cinema long ago, the big picture was first and we are back to the cartoons now, with no offence to Deputy Michael McGrath. We will do out best. I welcome the opportunity to discuss the latest developments in the euro area and, in particular, to update Dáil Éireann on the outcome of last week's euro area summit. To improve the functioning of monetary union will...

General Government Debt (2 Nov 2011)

Michael Noonan: I thank Deputy McGrath for raising this serious and important issue. I will give the Deputy the information I have to hand, but if it needs to be supplemented later, I will provide additional information. My Department has informed me that the general Government debt figure reported to EUROSTAT at the end of September last for the period up to the end of 2010 overstated the actual debt...

General Government Debt (2 Nov 2011)

Michael Noonan: The Deputy may well be right in what he says, but the documentary evidence available is that the NTMA e-mailed a particular person in the Department of Finance questioning the manner in which this was treated. That was in August 2010. There is no indication and I do not believe for minute that my predecessor, Brian Lenihan, was informed of this. Therefore, I am not trying to spread the...

Bank Guarantee Scheme (2 Nov 2011)

Michael Noonan: I will read the prepared reply first and then will answer questions if we have the time. It has always been my position that, given the significant cost of Anglo Irish Bank Corporation Limited and the Irish Nationwide Building Society, now known as the Irish Bank Resolution Corporation Limited, to the Irish State and the Irish taxpayer, there should be no repayment of unguaranteed senior...

Bank Guarantee Scheme (2 Nov 2011)

Michael Noonan: I will clarify that.

Bank Guarantee Scheme (2 Nov 2011)

Michael Noonan: Deputy Donnelly asked about the connection between the programme in which we are involved and the repayment of senior debt. The bit that is on the record is what the late Brian Lenihan said in this House before Christmas last year when he said it was made absolutely clear to him by the European Central Bank that if there was any talk of burden sharing with senior bondholders, there would be...

Bank Guarantee Scheme (2 Nov 2011)

Michael Noonan: The Deputy must make up his mind. These facts-----

Bank Guarantee Scheme (2 Nov 2011)

Michael Noonan: I think there is a risk. These facts are put on the table in the politest possible way in the course of the discussion, and we did not make headway on it, but there was never any statement that the bank would not continue to support us, and it has been very helpful to us elsewhere. It is also my judgment that the best way to succeed is to continue to negotiate the programme. We did it in...

Developments in the Eurozone: Statements (Resumed) (2 Nov 2011)

Michael Noonan: I am. When I moved the suspension of the House, I was talking about the possibility of renegotiating. I made the point that we were renegotiating in phases and that the next phase was to renegotiate the burden of debt. That gives continuity with what I was saying before the previous debate was adjourned. I believe this is the most appropriate course of action, and this is what we are...