Results 4,081-4,100 of 16,492 for speaker:Ciarán Lynch

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (16 Jan 2013)

Ciarán Lynch: Professor Honohan should have brought her with him this afternoon.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (16 Jan 2013)

Ciarán Lynch: After speaking to the Governor of the Central Bank I still do not know what I can tell the two people if they call back to me.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (16 Jan 2013)

Ciarán Lynch: Without being too prescriptive, three categories of people are in mortgage arrears at present. There are those in temporary mortgage arrears because they have lost a job but will return to a scheduled repayment structure if they return to work in the coming months; there are those who need a level of forbearance for a longer time because their difficulties are greater; and there are also...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (16 Jan 2013)

Ciarán Lynch: I will run out of time and I do not want the other members to use their time to ask the same questions as those I am asking. Following the introduction of the insolvency legislation has the Central Bank established monitoring protocols? Does Professor Honohan believe the Central Bank's monitoring protocols must change? Fiona Muldoon-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (16 Jan 2013)

Ciarán Lynch: They have not been delivering the product.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (16 Jan 2013)

Ciarán Lynch: According to Fiona Muldoon the targets are not being reached. Insolvency legislation has been introduced which should create a carrot and a stick for the banks. Does Professor Honohan believe the Central Bank must increase its monitoring and change its engagement methods with the banks to ensure those people in God damn awful situations are not in worse situations in six months time?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (16 Jan 2013)

Ciarán Lynch: On behalf of the committee I request Professor Honohan to furnish us with a report on the target figure at the end of the first quarter of 2013. If Professor Honohan is telling us this afternoon the Central Bank has not set targets I find it disappointing, but the committee would like to know by the end of the first quarter what level of resolution has been met in light of the insolvency...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (16 Jan 2013)

Ciarán Lynch: The Deputy's time is finished.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (16 Jan 2013)

Ciarán Lynch: I call the meeting to order. Deputy Fleming should not be abusing the Chair about the time he has been afforded. I call Deputy O'Donnell.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (16 Jan 2013)

Ciarán Lynch: The Deputy's time is up.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (16 Jan 2013)

Ciarán Lynch: The key question is about what the Central Bank is doing to address this issue.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (16 Jan 2013)

Ciarán Lynch: Deputy O'Donnell, if you persist in interrupting I will just move on to the next question.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (16 Jan 2013)

Ciarán Lynch: While I accept that the responsibility for the micro-management of this rest with the banks, the overall framework for monitoring it is the responsibility of the Central Bank. That is what is going to be put to you this afternoon, Professor Honohan, by questioner after questioner.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (16 Jan 2013)

Ciarán Lynch: Deputy Mathews, you will have to wait your turn.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (16 Jan 2013)

Ciarán Lynch: We do not have-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (16 Jan 2013)

Ciarán Lynch: If Deputy Mathews makes another interjection I will time it on the clock and he will be out of speaking time before it is even his turn to speak with the way he is interjecting.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (16 Jan 2013)

Ciarán Lynch: If Greece is special, so are we.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (16 Jan 2013)

Ciarán Lynch: The NTMA will be appearing before the committee on or around 23 January.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (16 Jan 2013)

Ciarán Lynch: Deputy Higgins is in possession.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (16 Jan 2013)

Ciarán Lynch: We are way over time now.