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Results 4,441-4,460 of 40,550 for speaker:Joan Burton

Departmental Expenditure. (6 Nov 2008)

Joan Burton: If that is the case why does the Minister not answer the question?

Departmental Expenditure. (6 Nov 2008)

Joan Burton: We cannot get answers concerning the HSE. They go to Professor Drumm who does not answer them.

Financial Institutions Support Scheme. (6 Nov 2008)

Joan Burton: I understand the current level of total deposits in credit unions is between €13 billion and €15 billion. While the Minister may have a more accurate figure, the sum of money involved is certainly substantial. Given that most of this money is lent out conservatively because credit unions, unlike banks, have limited powers to lend and must operate differently from the banks, is it...

Financial Institutions Support Scheme. (6 Nov 2008)

Joan Burton: What is the Minister's estimate of the amount held in credit unions?

Pension Provisions. (6 Nov 2008)

Joan Burton: Does the practice described not sound a little like Enron accounting? One takes in the assets on one's vehicle, namely, the national accounts, while the liabilities are left hanging out in a little note. Enron used to do this and it was one of the factors that brought down the company. Funny accounting, like funny financial products, has had its day. The Minister and his colleague, the...

Financial Institutions Support Scheme. (6 Nov 2008)

Joan Burton: Did the Minister have an opportunity to read an article in yesterday's Financial Times, which said that Ireland needs high coupon rates to attract investors? It said Ireland "had to offer 25 basis points, or one-quarter of 1 per cent, over average European government bond yields, which was at the high end of expectations". Does the Minister agree Irish bonds are now priced in the same way...

Financial Institutions Support Scheme. (6 Nov 2008)

Joan Burton: Does the Minister agree that the €4 billion bond issue he referred to is equivalent to 10% of the national debt, borrowed just last week at much higher costs because of the banks scheme? He borrowed, in effect, one third of the Government's borrowing requirement for that scheme. He is basically giving the banks a free lunch because he is not charging them a price that reflects the extra...

Financial Institutions Support Scheme. (6 Nov 2008)

Joan Burton: That is absolute rubbish.

Decentralisation Programme. (6 Nov 2008)

Joan Burton: I would like to challenge the Minister on the figure of 6,000. The bulk of those were people who were already outside of Dublin who wanted to relocate from one place outside of Dublin to another, for example, someone in Sligo hoping to go to Carrick-on-Shannon to be closer to home. Will the Minister agree that is where the majority of the decentralisation moves occurred? Has the Minister a...

Decentralisation Programme. (6 Nov 2008)

Joan Burton: Where were they from? They were not from Dublin.

Written Answers — Financial Services Regulation: Financial Services Regulation (6 Nov 2008)

Joan Burton: Question 40: To ask the Minister for Finance his views on the solvency ratios of firms operating in the insurance market here; if he instructed the Financial Regulator to seek monthly solvency data from such firms; if contingency plans have been drawn up by his Department in the event that an insurance firm had to be underwritten by the Government in order to ensure it could fill its...

Written Answers — EU Directives: EU Directives (6 Nov 2008)

Joan Burton: Question 45: To ask the Minister for Finance his position on draft EU proposals that originating banks be required to retain a portion of assets which they securitise on their books; and if he will make a statement on the matter. [38845/08]

Written Answers — Financial Services Regulation: Financial Services Regulation (6 Nov 2008)

Joan Burton: Question 86: To ask the Minister for Finance if credit default swaps and certain related derivative contracts are regarded by the regulatory authorities here as valid financial instruments creating enforceable rights or as void and unenforceable as wagering contracts; the manner in which dealing in such contracts is regulated; and if he will make a statement on the matter. [39000/08]

Written Answers — Financial Services Regulation: Financial Services Regulation (6 Nov 2008)

Joan Burton: Question 87: To ask the Minister for Finance his views on the nature and extent of dealing in contracts for difference in Irish publicly quoted companies; if he proposes to take steps to restrict or otherwise reform the regulation of these instruments; and if he will make a statement on the matter. [39001/08]

Written Answers — Financial Institutions Support Scheme: Financial Institutions Support Scheme (6 Nov 2008)

Joan Burton: Question 88: To ask the Minister for Finance if he will explain what a market notice is; the persons to whom it is addressed and under what authority; the circumstances in which his Department issues such a notice; the number of such notices issued in the past; and if he will make a statement on the matter. [39002/08]

Written Answers — Financial Services Regulation: Financial Services Regulation (6 Nov 2008)

Joan Burton: Question 93: To ask the Minister for Finance if contracts for difference are a declarable interest under the Standards in Public Office Act 2001; and if he will make a statement on the matter. [39025/08]

Written Answers — Financial Services Regulation: Financial Services Regulation (6 Nov 2008)

Joan Burton: Question 94: To ask the Minister for Finance if there are ethical, legal or conflict of interest issues relating to the use of spread betting by public representatives, public sector officials, officials of entities regulated by the Financial Regulator or others to profit from changes in the share prices of Irish publicly quoted companies in which they may have had access to information...

Written Answers — National Lottery Funding: National Lottery Funding (6 Nov 2008)

Joan Burton: Question 96: To ask the Minister for Finance the level of national lottery funding administered by his Department in 2007 and 2008 and anticipated lottery revenue in 2009; the amount distributed and expected to be distributed to each Department in each of these years; the level of matching and expected matching provided by each Department in each relevant year; the ratio and expected ratio...

Written Answers — Financial Institutions Support Scheme: Financial Institutions Support Scheme (6 Nov 2008)

Joan Burton: Question 97: To ask the Minister for Finance if his attention has been drawn to the fact that there was a fall of 10% in the amount that Irish residents held in their current accounts between August 2007 and August 2008 from €32,857 million to €29,601 million, that there was a 12.6% fall in their demand deposits over the same period from €29,601 million to €25,733 million, that...

Written Answers — Financial Institutions Support Scheme: Financial Institutions Support Scheme (6 Nov 2008)

Joan Burton: Question 98: To ask the Minister for Finance if his attention has been drawn to the fact that outstanding Irish bank loans to property developers within Ireland only, were estimated to be €86.7 billion in June 2008 and that expert commentators estimate that the banks are expected to be forced to write off up to €45 billion of these loans over the next two years; if there is a proposal...

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