Results 521-540 of 583 for speaker:Tom Barry

Joint Oireachtas Committee on Agriculture, Food and the Marine: Scrutiny of EU Legislative Proposals (9 Jun 2015)

Tom Barry: I am sorry but could I get clarification on this? Does Mr. Canning not consider that this is handing over a huge element of our objections and, therefore, we would find it difficult to object because EFSA is regarded as the expert and our concerns would be overridden?

Joint Oireachtas Committee on Agriculture, Food and the Marine: Scrutiny of EU Legislative Proposals (9 Jun 2015)

Tom Barry: I do not agree that health risks should be taken out and EFSA should be regarded as the authority.

Joint Oireachtas Committee on Agriculture, Food and the Marine: Scrutiny of EU Legislative Proposals (9 Jun 2015)

Tom Barry: It has been a very interesting conversation. Mr. Lohan mentioned that we do not have alternatives for protein at present, and he is correct. We met the Secretary General of the Department of Agriculture, Food and the Marine one year ago. He shared our concerns about protein production in Europe. That arose from the point of view that we could not get protein from America at the time...

Joint Oireachtas Committee on Agriculture, Food and the Marine: Scrutiny of EU Legislative Proposals (9 Jun 2015)

Tom Barry: I am aware of it and in fairness, it is very well done. However, should we stick a label on the end of the meat that comes as production or the milk that comes after it stating that it is GM as well? Should we quantify that as moving down through the food chain?

Joint Oireachtas Committee on Agriculture, Food and the Marine: Scrutiny of EU Legislative Proposals (9 Jun 2015)

Tom Barry: I know. I do not think it would enhance our reputation worldwide as a green economy.

Joint Oireachtas Committee on Agriculture, Food and the Marine: Scrutiny of EU Legislative Proposals (9 Jun 2015)

Tom Barry: It is very difficult. There is an argument, which has not been said here for balance, that if GM is taken on board, it should reduce the amount of pesticides we apply. That is why I said that it would have been interesting to hear the opinion of the Pesticides Registration and Control Division on that because it is the expert on it. It is a very emotive and interesting topic. I am pleased...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Single Resolution Fund Bill: Discussion (10 Jun 2015)

Tom Barry: Mr. Carrigan mentioned that the banks would have to contribute towards the fund. Will the level of contribution vary for each bank? Is the total Irish contribution to the single resolution mechanism fund €225 million?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Single Resolution Fund Bill: Discussion (10 Jun 2015)

Tom Barry: How is the level of contribution of each bank decided?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Single Resolution Fund Bill: Discussion (10 Jun 2015)

Tom Barry: Will the formula being applied continue be used or will there be new criteria?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Single Resolution Fund Bill: Discussion (10 Jun 2015)

Tom Barry: Is Mr. Carrigan able to tell the committee what the figures are?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Single Resolution Fund Bill: Discussion (10 Jun 2015)

Tom Barry: Is that a one-off cost or an annual contribution?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Single Resolution Fund Bill: Discussion (10 Jun 2015)

Tom Barry: It is 1% of deposits. Will it be a moving figure? Could it become a constant charge after eight years?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Single Resolution Fund Bill: Discussion (10 Jun 2015)

Tom Barry: If it is to stay at 1% of deposits, if they increase, the fund will have to increase, otherwise it would become a lower percentage of deposits.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Single Resolution Fund Bill: Discussion (10 Jun 2015)

Tom Barry: Therefore, if there is not enough in the fund, we might have to continue to make contributions.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Single Resolution Fund Bill: Discussion (10 Jun 2015)

Tom Barry: Does Mr. Carrigan see it becoming an additional cost to the regular citizen, given that the banks will have to earn it?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Single Resolution Fund Bill: Discussion (10 Jun 2015)

Tom Barry: It is a threefold increase.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Single Resolution Fund Bill: Discussion (10 Jun 2015)

Tom Barry: This is like insurance to cover any bank that will fail in the future and ensure taxpayers will not have to pay directly from any country. Who will decide whether a bank merits a bailout?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Single Resolution Fund Bill: Discussion (10 Jun 2015)

Tom Barry: Is it almost a type of credit insurance?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Single Resolution Fund Bill: Discussion (10 Jun 2015)

Tom Barry: Is 1% sufficient? Would it have prevented the economic meltdown we have experienced had it been in place at the time?

Joint Oireachtas Committee on Agriculture, Food and the Marine: Beef Data and Genomics Programme: Discussion (16 Jun 2015)

Tom Barry: It is good to get this information into the public domain. The scheme has been fraught with confusion. It was introduced in rather a hurry and many people contacted us to say they were not sure whether to participate. The scheme is a good idea and down the road will prove valuable. We need to be very cautious and aware of the best way to implement it. Mr. Gleeson mentioned the low...