Results 7,601-7,620 of 27,945 for speaker:Michael McGrath

Committee of Inquiry into the Banking Crisis: Context Phase (15 Jan 2015)

Michael McGrath: It is about assumptions.

Committee of Inquiry into the Banking Crisis: Context Phase (15 Jan 2015)

Michael McGrath: Professor Honohan's report paints a picture of the time. On page 119, Professor Honohan lists the dividends that were paid by the main banks in the first nine months of 2008, amounting to €1.25 billion. It includes dividends of €270 million on 26 September 2008. Four days before the guarantee was put in place they were paying out €270 million. Does Professor Honohan...

Written Answers — Department of Social Protection: One-Parent Family Payments (20 Jan 2015)

Michael McGrath: 206. To ask the Minister for Social Protection if her attention has been drawn to the cut that is facing lone parents who are in receipt of a half rate carer’s allowance, who will no longer be eligible for the one parent family payment due to the age of their youngest child and will lose €86 a week when they are transferred to the full carer's allowance; if she will review same;...

Written Answers — Department of Social Protection: Free Travel Scheme (20 Jan 2015)

Michael McGrath: 202. To ask the Minister for Social Protection her plans to provide free travel to the survivors of residential institutions; and if she will make a statement on the matter. [2575/15]

Written Answers — Department of Finance: VAT Rate Application (20 Jan 2015)

Michael McGrath: 243. To ask the Minister for Finance the position regarding the reclassification by the Revenue Commissioners of smoothies and milk-based drinks for VAT purposes, which has resulted in the standard 23% VAT rate being applied; if his attention has been drawn to the likely impact this will have on the sector; the basis for the reclassification; if the Revenue Commissioners are the final arbiter...

Written Answers — Department of Finance: Bank Debt Restructuring (20 Jan 2015)

Michael McGrath: 248. To ask the Minister for Finance the amount of dated subordinated debt on 30 September 2008 in the banks which would become covered institutions; the total amount of losses which have been imposed until now in respect of those dated subordinated bonds; if any of those dated subordinated bonds from 2008 remain in the system; and if he will make a statement on the matter. [2715/15]

Written Answers — Department of Finance: Bank Debt Restructuring (20 Jan 2015)

Michael McGrath: 249. To ask the Minister for Finance the amount of undated subordinated debt on 30 September 2008 in the banks which would become covered institutions; the total amount of losses which have been imposed until now in respect of those undated subordinated bonds; if any of those undated subordinated bonds from 2008 remain in the system; and if he will make a statement on the matter. [2716/15]

Written Answers — Department of Finance: Bank Guarantee Scheme Termination (20 Jan 2015)

Michael McGrath: 250. To ask the Minister for Finance as at 1 October 2010 following the expiry of the original bank guarantee, the amount of unguaranteed secured senior bonds not covered by the eligible liabilities guarantee scheme in the covered institutions; and the amount of unguaranteed unsecured senior bonds not covered by the eligible liabilities guarantee scheme in the covered institutions. [2717/15]

Written Answers — Department of Health: Medical Card Eligibility (20 Jan 2015)

Michael McGrath: 432. To ask the Minister for Health his plans to provide enhanced medical card cover to the survivors of residential institutions; and if he will make a statement on the matter. [2574/15]

Written Answers — Department of Education and Skills: Education Campuses (20 Jan 2015)

Michael McGrath: 531. To ask the Minister for Education and Skills the position regarding the planned development of an education campus in Carrigaline, County Cork; the work that has been completed and is currently underway; when a planning application is expected; when the schools will be open; and if she will make a statement on the matter. [2612/15]

Written Answers — Department of Transport, Tourism and Sport: Aviation Issues (20 Jan 2015)

Michael McGrath: 618. To ask the Minister for Transport, Tourism and Sport his plans to ensure that the Aer Lingus slots at Heathrow Airport are retained in any scenario where the company is taken over; if he will use the State's shareholding to ensure the Heathrow slots are retained for the benefit of Cork, Shannon and Dublin; and if he will make a statement on the matter. [2818/15]

Written Answers — Department of Transport, Tourism and Sport: State Assets (20 Jan 2015)

Michael McGrath: 598. To ask the Minister for Transport, Tourism and Sport the number of shares in Aer Lingus owned by the Irish State; and if he will make a statement on the matter. [2264/15]

Written Answers — Department of Transport, Tourism and Sport: Road Improvement Schemes (20 Jan 2015)

Michael McGrath: 603. To ask the Minister for Transport, Tourism and Sport the position regarding the reinstatement on the specific improvement grant for local and regional roads; the amount of funding for the scheme in 2015; and if he will make a statement on the matter. [2592/15]

Written Answers — Department of Transport, Tourism and Sport: Airport Landing Slots (20 Jan 2015)

Michael McGrath: 612. To ask the Minister for Transport, Tourism and Sport the number of slot pairs at Heathrow Airport owned by Aer Lingus; the restrictions that were applied to the sale of these following the flotation of Aer Lingus; if these restrictions still apply; and if he will make a statement on the matter. [2710/15]

Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)

Michael McGrath: I welcome Mr. Regling. I will take him back to the fraught environment in September 2008. Lehman’s bank filed for bankruptcy on 15 September. What would have been the implications for the eurozone if a bank had collapsed in the eurozone, not necessarily in Ireland, if there was a disorderly failure of a bank at a time when there was such a liquidity crisis following the collapse of...

Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)

Michael McGrath: By whom was it decided?

Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)

Michael McGrath: Would it not have been a national decision at that time to let a bank go?

Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)

Michael McGrath: I suppose what I am asking is whether there was a no bank should fail policy in the eurozone in the wake of the collapse of Lehman's in September 2008.

Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)

Michael McGrath: In Mr. Regling's report in terms of holding a lot of people and organisations responsible, one could say that nobody is really being held responsible for the crisis. The question that many people will want answered is why no one in authority, whether it be within the banks, the regulator, the Central Bank, the Department of Finance, the Government or the external bodies, shouted "Stop" when...

Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)

Michael McGrath: On page 35 of Mr. Regling's report, he touches on the issue of remuneration and bonuses for people working in the banks and he makes an interesting point that the perception, as such, would have been that there were top management bonuses and the awarding of stock options on a large scale, but Mr. Regling states that one should not neglect incentives set for middle level bank management and...