Results 6,081-6,100 of 27,945 for speaker:Michael McGrath

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Irish Stability Programme Update: Minister for Finance (15 Apr 2014)

Michael McGrath: If the numbers pan out as anticipated by the Department in this document, will there be some scope for income tax reductions in the budget next October?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Irish Stability Programme Update: Minister for Finance (15 Apr 2014)

Michael McGrath: It will be a case of giving with one hand but taking back with the other hand.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Irish Stability Programme Update: Minister for Finance (15 Apr 2014)

Michael McGrath: Absolutely.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Irish Stability Programme Update: Minister for Finance (15 Apr 2014)

Michael McGrath: I will keep it to one question. It concerns the future of NAMA. The Minister appears to be disposed to an accelerated wind-down of NAMA, and there is a balance to be struck in assessing the factors that feed into that decision. Obviously, there is a review under way within the Minister's Department. The commercial property sector has recovered to some extent and conditions are somewhat...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Irish Stability Programme Update: Minister for Finance (15 Apr 2014)

Michael McGrath: I have a supplementary question for the Minister. Will the review be published, including the analysis of the scenarios he has put to NAMA or is it commercially sensitive information? It is an important policy decision and I am sure the markets would be interested.

Written Answers — Department of Finance: Tax Credits (16 Apr 2014)

Michael McGrath: 46. To ask the Minister for Finance if he will arrange for a new tax credit certificate to be issued to a person (details supplied) in County Cork. [18203/14]

Written Answers — Department of Education and Skills: Social Welfare Benefits (16 Apr 2014)

Michael McGrath: 47. To ask the Minister for Education and Skills if he will address a matter (details supplied) regarding a training allowance. [18134/14]

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Central Bank Bill 2014: Committee Stage (16 Apr 2014)

Michael McGrath: I will not hold it against you, Chairman.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Central Bank Bill 2014: Committee Stage (16 Apr 2014)

Michael McGrath: This issue has been well thrashed out in recent weeks and months. I accept the Minister's statement that he will progress his own piece of legislation to deal with the issue. However, I take issue with him on one statement he made during Leaders' Questions last week when he said that nobody who currently finds himself or herself in this situation has raised any issue about dealing with one...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Central Bank Bill 2014: Committee Stage (16 Apr 2014)

Michael McGrath: That is good news.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Central Bank Bill 2014: Committee Stage (16 Apr 2014)

Michael McGrath: The pre-legislative stage was very helpful. The Minister of State, Deputy Perry, spoke on Second Stage on the issue. Section 1 is one of the two parts of the Bill which facilitates the transfer of assets and liabilities from ICS Building Society to Bank of Ireland in order to comply with the conditions attached to its restructuring plan which was endorsed by the European Commission. How...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Central Bank Bill 2014: Committee Stage (16 Apr 2014)

Michael McGrath: Will they have to go to the market? Is it correct that it is a condition that they put them to the market at least but not necessarily conclude a sale?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Central Bank Bill 2014: Committee Stage (16 Apr 2014)

Michael McGrath: Will the final decision rest with the bank as to whether they conclude a sale?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Central Bank Bill 2014: Committee Stage (16 Apr 2014)

Michael McGrath: I presume that is the spirit of it.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Central Bank Bill 2014: Committee Stage (16 Apr 2014)

Michael McGrath: I move amendment No. 5: In page 4, between lines 7 and 8, to insert the following:“3. The Minister shall, within 3 months of the enactment of this Act, lay before both Houses of the Oireachtas a report on the operation of the Securities Markets Programme of the European Central Bank insofar as it affects Ireland.”.I do not have a difficulty with the provisions in this Bill...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Central Bank Bill 2014: Committee Stage (16 Apr 2014)

Michael McGrath: What is the Government's position on making the case for these interest payments? It is more a political policy rather than a Central Bank decision.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Central Bank Bill 2014: Committee Stage (16 Apr 2014)

Michael McGrath: I am not objecting to Greece availing of this. My question was more about ruling out Ireland seeking a similar concession.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Central Bank Bill 2014: Committee Stage (16 Apr 2014)

Michael McGrath: I will withdraw the amendment and perhaps revisit the issue another time.

Written Answers — Department of Finance: Tax Code (17 Apr 2014)

Michael McGrath: 55. To ask the Minister for Finance the tax expenditure associated with the capital gains tax exemption for property introduced in budget 2013 and extended in budget 2014; and if he will make a statement on the matter. [18259/14]

Written Answers — Department of Finance: Living City Initiative (17 Apr 2014)

Michael McGrath: 56. To ask the Minister for Finance when he expects a response from the EU in relation to the application under EU state aid rules for permission to proceed with the Living City initiative; and if he will make a statement on the matter. [18260/14]