Results 5,701-5,720 of 31,374 for speaker:Eamon Ryan

Banking System: Motion (30 Mar 2010)

Eamon Ryan: No other country has taken the default option and the ECB has set itself against banks of this scale defaulting in any member state.

Banking System: Motion (30 Mar 2010)

Eamon Ryan: That is what I tried to say at the weekend and it may have been misunderstood in certain quarters. I am proud of the Green Party's role in trying to do the right thing in the past year and that we introduced a risk sharing component in order that the banks would take the hit on subordinated debt.

Banking System: Motion (30 Mar 2010)

Eamon Ryan: I am also proud that we insisted on and pushed for the highest haircut possible to makes sure we reflected-----

Banking System: Motion (30 Mar 2010)

Eamon Ryan: It was not just the EU. If people had cared to listen, all along we said we would insist on a loan by loan valuation, we would not do favours to the banks, we would force them to recognise their losses and that is what has happened today.

Banking System: Motion (30 Mar 2010)

Eamon Ryan: I am proud we have consistently recognised that the culture and people within our banking system are culpable and we called for them to be cleared out from the very start, particularly at board level, where they had responsibility for the strategic errors make.

Banking System: Motion (30 Mar 2010)

Eamon Ryan: I am also proud we pushed for further support for the taxpayer through the introduction of a levy on the banks to cover any losses incurred. In addition, we pushed for the Government to give support to those who have been caught in this downturn with debt problems. It is important that we look after particular groups within our country who have been left in serious debt difficulties.

Banking System: Motion (30 Mar 2010)

Eamon Ryan: The Green Party has engaged in several difficult actions. First, we faced up to this problem and we have tried to take control of it in a way we think is the least costly for the taxpayer. However, it is more important that we learn lessons to change the culture in the banking system and in our markets in order that such failures do not happen again and that the State is not left with the...

Banking System: Motion (30 Mar 2010)

Eamon Ryan: How has the Deputy arrived at that figure?

Banking System: Motion (30 Mar 2010)

Eamon Ryan: Those loans now have the value they should have.

Banking System: Motion (30 Mar 2010)

Eamon Ryan: There has been a 50% discount.

Banking System: Motion (30 Mar 2010)

Eamon Ryan: This was done by the Regulator, who is an independent international expert.

Banking System: Motion (30 Mar 2010)

Eamon Ryan: Every Member deeply regrets it but we should not confuse the people by saying the cost of this is €40 billion when it is closer to €20 billion.

Written Answers — Departmental Agencies: Departmental Agencies (30 Mar 2010)

Eamon Ryan: I regret to advise the Deputy that it is not possible to provide a response to his Question at this time. I will write to the Deputy as soon as it is available.

Written Answers — Grant Payments: Grant Payments (30 Mar 2010)

Eamon Ryan: There are no plans to increase the grant of €4,000 for external wall insulation under the Home Energy Savings Scheme.

Written Answers — Departmental Reports: Departmental Reports (30 Mar 2010)

Eamon Ryan: The following table shows the current status of proposals in the Report of the Special Group on Public Service Numbers and Expenditure relating to my Department and to bodies and agencies under its remit. Implementation of the proposals in the Report is a matter for the Government. As the Deputy is aware the report of the Special Group outlined a wide range of proposals across all...

Energy Security: Motion. (20 Apr 2010)

Eamon Ryan: I move amendment No. 1: To delete all words after "Dáil Éireann" and substitute the following: "commends the Government for its comprehensive actions to ensure a sustainable energy future for Ireland, delivering a reliable supply, efficient use of energy, competitive prices and diverse fully sustainable energy sources through: — ensuring that electricity supply consistently meets demand;...

Energy Security: Motion. (20 Apr 2010)

Eamon Ryan: The Fine Gael Party motion is well constructed and I would not disagree fundamentally with much of the analysis Deputy Coveney presented. It is crucial we start to debate and understand this issue of energy security within the context of good energy policy being set and getting clean, competitive and secure energy sources. We are always trying to get those three legs of the stool right but...

Energy Security: Motion. (20 Apr 2010)

Eamon Ryan: We are examining that issue. The European Union is moving towards introducing statutory requirements on a regulatory system for gas storage. I hope this will be done by July 2010. The Commission for Energy Regulation, NORA and the Department have a crucial role in this regard. We will have to consider introducing primary legislation to set out the mechanism within which gas storage...

Energy Security: Motion. (20 Apr 2010)

Eamon Ryan: Mr. Walsh recognises that the biggest constraint is the grid. One could take the approach outlined by Deputy Coveney and assess which sites are better before delivering but if the grid is not in place, the number of good sites is irrelevant. We must, first and foremost, build the grid around which Gate 3 is based. I welcome Deputy Coveney's statement that he is wiling to support the...

Energy Security: Motion. (20 Apr 2010)

Eamon Ryan: That is all very well but if we want to create jobs, we also need an AC transmission line in counties Cavan, Monaghan and Donegal. There is an increasing correlation between a good electricity system and good employment. It is not only a matter of tapping into resources but also bringing jobs to the counties in question. For this reason, we must ensure a transmission system is built as...