Results 4,821-4,840 of 26,195 for speaker:Kieran O'Donnell
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals (7 Nov 2013)
Kieran O'Donnell: The final point, I suppose, goes to the heart of the matter. The biggest issue in Ireland was the cost to the taxpayer, the ordinary person. The banks themselves did not have the capital to soak up the losses. The SRM proposal, which talks of eliminating taxpayers' exposure, appears to indicate that the state-aid procedures will run in parallel. The bottom-line question is, under the...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals (7 Nov 2013)
Kieran O'Donnell: What is the rank of the taxpayer if an institution gets into trouble?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals (7 Nov 2013)
Kieran O'Donnell: That is 8% of senior debt.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals (7 Nov 2013)
Kieran O'Donnell: That is 13%.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals (7 Nov 2013)
Kieran O'Donnell: If an institution got into financial trouble and the member state in question had major financial issues, perhaps concerning its ratio of debt to GDP or level of debt, would that state be more likely to have access to the ESM than a country with a similar type of institution that is financially sound and has lower levels of borrowing?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals (7 Nov 2013)
Kieran O'Donnell: Hypothetically speaking.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals (7 Nov 2013)
Kieran O'Donnell: But that is the backstop for this.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals (7 Nov 2013)
Kieran O'Donnell: Do deposits still rank pari passu with senior debt?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals (7 Nov 2013)
Kieran O'Donnell: Does Mr. Carrigan expect that this will go through ECOFIN or, rather, the SRM next Friday?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals (7 Nov 2013)
Kieran O'Donnell: In layman’s terms, beginning with the SRM, one goes down through the rankings in terms of shareholders and then works down through the normal procedures. Then one gets to a point at which the ESM is effectively a backstop fund for a resolution mechanism. Is that a fair comment?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals (7 Nov 2013)
Kieran O'Donnell: That is up for discussion.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals (7 Nov 2013)
Kieran O'Donnell: I thank Mr. Carrigan and his officials for the briefing. It will very much add to our understanding of the issue.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (13 Nov 2013)
Kieran O'Donnell: I thank the Minister and his colleagues. We are all concerned about the cost to the taxpayer. In that context, does the Minister anticipate a cost to Irish taxpayers in regard to the single resolution mechanism and single bank resolution fund? When does the Minister anticipate retrospective recapitalisation will happen? When will the banking union be in place that will allow the type of...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (13 Nov 2013)
Kieran O'Donnell: Is that for the banking union?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (13 Nov 2013)
Kieran O'Donnell: Could there be circumstances where there would be a cost to the Irish taxpayer?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (13 Nov 2013)
Kieran O'Donnell: Is that in respect of the cost to the taxpayer?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (13 Nov 2013)
Kieran O'Donnell: Could I just have clarification in respect of the-----
- Public Accounts Committee: Business of Committee (14 Nov 2013)
Kieran O'Donnell: The committee's role is to get value for the public purse. From that perspective, would it be in order to call in the Governor to discuss Newbridge Credit Union? He visits once or twice a year. We should do so on the basis of the potential cost to the State. We should take it from that perspective, linking with what Deputy Shane Ross said.
- Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General
Chapter 22 - Eligibility for Medical Cards (14 Nov 2013) Kieran O'Donnell: I welcome everyone. Before we begin, I remind members and witnesses to turn off their mobile telephones, as the interference from them affects the sound quality and transmission of the meeting. I advise witnesses that they are protected by absolute privilege in respect of the evidence they are to give to this committee. If they are directed by the committee to cease giving evidence in...
- Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General
Chapter 22 - Eligibility for Medical Cards (14 Nov 2013) Kieran O'Donnell: I welcome Mr. Tony O'Brien, director general of the HSE. I ask him to introduce his officials.