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Written Answers — Departmental Expenditure: Departmental Expenditure (7 Apr 2009)

Micheál Martin: The table sets out the costs relating to my official mobile telephony service since I was appointed Minister for Foreign Affairs in May 2008. Rental Calls Handset Purchase Other Costs Refunds PDAs Blackberries 2008 €57.06 €980.00 nil €13.31 Car charger nil nil nil 2009 to Date nil €182.25 nil nil nil nil nil My Department avails of the Department of Finance Central Framework for...

Written Answers — Departmental Staff: Departmental Staff (7 Apr 2009)

Micheál Martin: Section 5 of the Financial Emergency Measures in the Public Interest Act allowed for certain public servants to give one month's written notice to terminate their employment before 1 April 2009. No member of staff of my Department has given written notice of termination of their employment under Section 5 of the Act.

Written Answers — State Airports: State Airports (7 Apr 2009)

Micheál Martin: I propose to take Questions Nos. 224 and 225 together. Further to my reply to Parliamentary Question No. 269 of 3 March 2009, there are a total of two US officials of Administrative and Technical status attached to the Embassy of the United States who act as liaison officers at Shannon Airport. They have been notified to this Department by the Embassy under Article 10 of the 1961 Vienna...

Written Answers — Departmental Staff: Departmental Staff (7 Apr 2009)

Micheál Martin: At present there are 37 individuals working in my Department on temporary employment contracts which will expire before the end of 2010. All but one of those contract staff will cease their employment in my Department before the end of this year. The majority of these temporary contracts would, in any event, have come to a natural end, irrespective of the moratorium announced by the Minister...

Leaders' Questions (8 Apr 2009)

Micheál Martin: Read on.

Leaders' Questions (8 Apr 2009)

Micheál Martin: If Deputy Gilmore reads on, he will see the answer to the question. Read on.

Leaders' Questions (8 Apr 2009)

Micheál Martin: The rationale is there.

Financial Resolution No. 11: General (Resumed). (8 Apr 2009)

Micheál Martin: We have.

Financial Resolution No. 11: General (Resumed). (8 Apr 2009)

Micheál Martin: Yes, we have.

Financial Resolution No. 11: General (Resumed) (8 Apr 2009)

Micheál Martin: I wish to share time with the Minister, Deputy Éamon Ó Cuív, and Deputy Cyprian Brady. I ask the Acting Chairman to interrupt me at ten minutes to allow time for the others. The primary rationale behind this budget was to demonstrate both domestically and to international markets that Ireland has the capacity to deal from within with its own budgetary difficulties and challenges and to...

Financial Resolution No. 11: General (Resumed) (8 Apr 2009)

Micheál Martin: There is a global crisis of unprecedented proportions. We are talking about the worst economic depression worldwide since 1929. It is worth going back to look at what happened in 1929. Thankfully, this time the world powers are working collectively to deal with the crisis. That is something that did not happen back then, but with the co-operation of all states it may lead to a shortened...

Financial Resolution No. 11: General (Resumed) (8 Apr 2009)

Micheál Martin: The progress we have made in the area of wind energy, for example, has been quite dramatic in a short space of time and will be even more dramatic in the coming decade.

Financial Resolution No. 11: General (Resumed) (8 Apr 2009)

Micheál Martin: We are committed to this, and the Minister for Communications, Energy and Natural Resources, Deputy Eamon Ryan, and his Department are leading the charge on alternative approaches to energy as well as the broader agenda. We are quite focused in this regard. We have built up a strong cohort of indigenous companies and we need to protect them and enable them to survive in the global downturn,...

Financial Resolution No. 11: General (Resumed) (8 Apr 2009)

Micheál Martin: I will come back to the banks shortly. That was an example of how we used the funding and the wealth we created wisely. That is never acknowledged. We created a pension fund to which we allocated 1% of GNP. If we did not have that pension fund we would not have been in a position to recapitalise the banks, for example, or take further measures. In addition, we have transformed the...

Financial Resolution No. 11: General (Resumed) (8 Apr 2009)

Micheál Martin: We did many effective things that transformed the country and improved it considerably. This will help us deal with the significant difficulties we have now.

Financial Resolution No. 11: General (Resumed) (8 Apr 2009)

Micheál Martin: People have talked about the budget and its impact on enterprise and so on. I will explain why we put forward the banking proposal. By the way, we are not talking about a toxic bank. It is an asset management agency.

Financial Resolution No. 11: General (Resumed) (8 Apr 2009)

Micheál Martin: Banks take deposits from the public. They have banking licences. This agency will not be taking deposits. It is not a bank but an asset management agency.

Financial Resolution No. 11: General (Resumed) (8 Apr 2009)

Micheál Martin: The Fine Gael Party and the Labour Party, in previous policy incarnations, called for radical change in the banking system.

Financial Resolution No. 11: General (Resumed) (8 Apr 2009)

Micheál Martin: Fine Gael called for the creation of good banks and bad banks.

Financial Resolution No. 11: General (Resumed) (8 Apr 2009)

Micheál Martin: Indeed, a bad bank-good bank scenario.

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