Results 4,421-4,440 of 12,886 for speaker:Paul Coghlan

Seanad: Order of Business (13 Feb 2013)

Paul Coghlan: In fairness to Senator MacSharry, he has been consistent on the issue of mortgage arrears. However, I strongly urge more caution and less haste.

Seanad: Order of Business (13 Feb 2013)

Paul Coghlan: We are discussing arrangements between banks and their clients that were entered into voluntarily. We know there are far too many mortgages in difficulty and they are becoming a bit of a problem.

Seanad: Order of Business (13 Feb 2013)

Paul Coghlan: Senators should pay heed to the Governor of the Central Bank who has made a strong statement on this matter. As Senator MacSharry is well aware, urgent discussions between the Central Bank and banks are taking place as we speak. The Governor of the Central Bank is upset that, despite everything that has occurred, the banks have not yet produced a policy for dealing with these matters. He...

Seanad: Order of Business (13 Feb 2013)

Paul Coghlan: It is understandable that Senator MacSharry and his party would try to heighten-----

Seanad: Order of Business (13 Feb 2013)

Paul Coghlan: Yes, I will ask it in a second. As the Cathaoirleach is aware, brevity is my middle name. I ask him to be patient for a moment. If the banks do not produce a policy, the Central Bank will issue them with a directive. It has been slow to do so for the very reason that the banks would then absolve themselves of all responsibility and implement the directive across the board, perhaps in a...

Seanad: Order of Business (13 Feb 2013)

Paul Coghlan: I ask the Leader not to accept the proposed amendment because this is not a matter for the Minister for Finance and discussions between the Central Bank and banks are ongoing.

Seanad: Order of Business (13 Feb 2013)

Paul Coghlan: Is lemonade being poured?

Seanad: Order of Business (14 Feb 2013)

Paul Coghlan: Senator MacSharry deserves marks for doing so many things so well, including anger. I am disappointed the Senator is upset. On this question of mortgage arrears, we are all aware of their level at present and acknowledge the banks have been behind the curve in dealing with it. They now have the tools and have taken on hundreds of extra staff to deal with the matter. The Governor the...

Seanad: Order of Business (14 Feb 2013)

Paul Coghlan: That is a separate matter.

Seanad: Promissory Note Arrangement: Statements (14 Feb 2013)

Paul Coghlan: The Minister of State is all alone.

Seanad: Promissory Note Arrangement: Statements (14 Feb 2013)

Paul Coghlan: I thought that I had five minutes.

Seanad: Promissory Note Arrangement: Statements (14 Feb 2013)

Paul Coghlan: I forgot. Forgive that lapse. I welcome the Minister of State to the House and thank him for his overview of the situation. The arrangements, which were noted by the ECB last week, were the most brilliant financial engineering ever in the State's history. This is certainly the most significant financial development - I love the smile of my colleague opposite - since the previous Government...

Seanad: Promissory Note Arrangement: Statements (14 Feb 2013)

Paul Coghlan: Neither would we.

Seanad: Defence Forces (Second World War Amnesty and Immunity) Bill 2012: Committee and Remaining Stages (14 Feb 2013)

Paul Coghlan: I join Senator Norris in complimenting the Minister of State and the Minister for Defence, Deputy Shatter. I had the opportunity to speak on Second Stage. As Senator Norris has said, this is a significant little measure. It is good that it was approved unanimously by this House. I say well done to the Minister of State.

Seanad: Defence Forces (Second World War Amnesty and Immunity) Bill 2012: Committee and Remaining Stages (14 Feb 2013)

Paul Coghlan: Hear, Hear.

Seanad: Defence Forces (Second World War Amnesty and Immunity) Bill 2012: Committee and Remaining Stages (14 Feb 2013)

Paul Coghlan: At 2.30 p.m. next Tuesday.

Seanad: Order of Business (19 Feb 2013)

Paul Coghlan: There is another flyer over there.

Seanad: Order of Business (19 Feb 2013)

Paul Coghlan: We referred to this matter last week. I will respond briefly to what has been said. As the Leader knows, the Central Bank is very engaged in issuing directives at present. It should be allowed to get on with the job. We cannot have Government interference in everything.

Seanad: Order of Business (19 Feb 2013)

Paul Coghlan: The Government is quite active.

Seanad: Order of Business (19 Feb 2013)

Paul Coghlan: Go raibh maith agat, a Chathaoirligh. I will always defer to your rulings. You are aware of that. I agree with what Senator Noone said about the need for a civil appeals court. The Chief Justice, Ms Susan Denham, has highlighted once more the fact that the Supreme Court is overloaded. Hundreds of cases are outstanding and cannot be heard in time. It is a very urgent matter. I want to...