Results 7,601-7,620 of 26,208 for speaker:Kieran O'Donnell
- Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)
Kieran O'Donnell: Mr. Nava speaks about trial and error-----
- Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)
Kieran O'Donnell: -----but there are consequences on the ground for the Irish public because up to €64 billion of bankers' debt, which is on the public record, has come about, potentially, because of these trials and errors. How does Mr. Nava respond to Professor Black's criticism this morning, which is in the public domain, that he regards Basel II, which falls under Mr. Nava's...
- Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)
Kieran O'Donnell: I need Mr. Nava to-----
- Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)
Kieran O'Donnell: I want-----
- Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)
Kieran O'Donnell: This allows the same level of leverage that applied when Lehman Brothers went bankrupt. How does Mr. Nava respond to that?
- Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)
Kieran O'Donnell: Mr. Nava's submission states that “the Single Supervision Mechanism was created with a view to breaking the link between banks and sovereigns” so that effectively the taxpayer would not be on the hook. In what circumstances will the conditions be such - in an Irish context - that Europe can provide money to purchase shares in banks that the Irish Government has already...
- Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)
Kieran O'Donnell: In the limited time, I am aware-----
- Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)
Kieran O'Donnell: Please, Chairman; I want the questions I asked answered.
- Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)
Kieran O'Donnell: No; I actually intervened because I want Mr. Nava to speak purely about the Irish context. In what circumstances could retrospective recapitalisation apply under the ESM?
- Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)
Kieran O'Donnell: Thank you.
- Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)
Kieran O'Donnell: Mr. Nava referred to the single supervisory authority and the Single Resolution Mechanism Fund as game changers. When will the fund become active? Mr. Nava referred to €55 billion. At what level does it become active? When will it reach the level of €55 billion? What is the timeframe?
- Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)
Kieran O'Donnell: I would like an answer to those; I may have to ask a supplementary question.
- Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)
Kieran O'Donnell: I just want full clarification.
- Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)
Kieran O'Donnell: I know, but the point is that the fund has to be at €55 billion before it becomes active.
- Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)
Kieran O'Donnell: That is the peak.
- Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)
Kieran O'Donnell: When can a country actively apply to that fund?
- Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)
Kieran O'Donnell: It is active, as of now.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: ECOFIN Briefings: Minister for Finance (10 Feb 2015)
Kieran O'Donnell: I wish to address the European fund for strategic investments. In his presentation the Minister spoke about meeting the deadline for agreement on the issue with the European Parliament by the end of June. When does he expect the fund to become operational and when will we see shovels turning in Ireland? The investments are not capped per country, but does the Minister have an estimate of...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: ECOFIN Briefings: Minister for Finance (10 Feb 2015)
Kieran O'Donnell: When will the fund be operational? Is there a date on which Ireland will apply to the fund in respect of specific projects or have we already applied?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: ECOFIN Briefings: Minister for Finance (10 Feb 2015)
Kieran O'Donnell: Must we formally apply at that time or have we already applied?