Results 7,621-7,640 of 27,945 for speaker:Michael McGrath

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

Michael McGrath: So the more they lent out, the more money they got in bonuses.

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

Michael McGrath: I welcome Professor Lane who is the last speaker. I have a few questions on the role of the euro and monetary union which he addressed in some detail in his paper. In the round considering the factors that led to the crisis and then the management of the crisis within the confines of monetary union, would Ireland have been better or worse to have been out of the euro?

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

Michael McGrath: Is Professor Lane an advocate of Ireland's membership of the euro?

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

Michael McGrath: Does Professor Lane think Ireland is better in than out?

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

Michael McGrath: On page 6 of his paper, Professor Lane makes criticism of fiscal policy in stating that during the good years the budget surplus should have been bigger and put into what he called a fiscal reserve fund. Have we matured as a country and dealt with the apparent conflict between fiscal prudence and winning elections? What is his view on the journey through which we have come and how we now...

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

Michael McGrath: I have a final question. Professor Lane spoke earlier about the issue of a central credit register and the fact that one was lacking. First, if we had had a central credit register what role could it have played in terms of improving the bank's ability to make proper lending decisions and also protecting borrowers in cases during the period when losses were being built up in the system?...

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

Michael McGrath: Thank you.

Written Answers — Department of Finance: Banking Sector Recruitment (22 Jan 2015)

Michael McGrath: 62. To ask the Minister for Finance the process that will be followed to recruit a new chief executive for AIB; if an external consultant has been appointed; when the process is to be completed; and if he will make a statement on the matter. [3190/15]

Written Answers — Department of Finance: Banking Sector Remuneration (22 Jan 2015)

Michael McGrath: 63. To ask the Minister for Finance if AIB has requested a review of the salary cap that applies to the State supported banks; and if he will make a statement on the matter. [3191/15]

Written Answers — Department of Finance: NAMA Receivers (22 Jan 2015)

Michael McGrath: 64. To ask the Minister for Finance further to Parliamentary Question No. 98 of 18 December 2014, his views that greater value will be achieved by the National Asset Management Agency for the State by negotiating reductions in the fees paid to rent receivers; and if he will make a statement on the matter. [3192/15]

Written Answers — Department of Finance: NAMA Staff Numbers (22 Jan 2015)

Michael McGrath: 65. To ask the Minister for Finance his estimate of the number of staff that will be needed post-2016 by the National Asset Management Agency to manage outstanding legal cases in which it is involved; the way this will be managed once the bulk of NAMA’s work is completed; and if he will make a statement on the matter. [3193/15]

Written Answers — Department of Finance: NAMA Court Cases (22 Jan 2015)

Michael McGrath: 66. To ask the Minister for Finance the number of National Asset Management Agency related cases currently listed before the courts; and if he will make a statement on the matter. [3194/15]

Written Answers — Department of Finance: IBRC Liquidation (22 Jan 2015)

Michael McGrath: 67. To ask the Minister for Finance the options that are open to the liquidator in respect of payment of the remaining subordinated bondholders should the liquidation process generate a surplus; and if he will make a statement on the matter. [3197/15]

Written Answers — Department of Finance: IBRC Liquidation (22 Jan 2015)

Michael McGrath: 68. To ask the Minister for Finance if the special liquidator of Irish Bank Resolution Corporation has provided him with an estimate of the value of the remaining subordinated bondholders in IBRC; and if he will make a statement on the matter. [3198/15]

Written Answers — Department of Finance: EU Meetings (22 Jan 2015)

Michael McGrath: 69. To ask the Minister for Finance if the prospect of a European debt conference has been discussed on a formal basis at EU level; and if he will make a statement on the matter. [3199/15]

Written Answers — Department of Finance: Financial Services Regulation (22 Jan 2015)

Michael McGrath: 70. To ask the Minister for Finance the role that the Central Bank of Ireland is taking in requesting banks to deal with long-term mortgage arrears; and if he will make a statement on the matter. [3200/15]

Written Answers — Department of Finance: Tax Collection (22 Jan 2015)

Michael McGrath: 71. To ask the Minister for Finance the number of persons who paid inheritance tax or capital acquisitions tax in 2014; the average amount paid; and if he will make a statement on the matter. [3201/15]

Written Answers — Department of Finance: Tax Collection (22 Jan 2015)

Michael McGrath: 72. To ask the Minister for Finance the number of persons who paid the domicile levy in 2014; the revenue raised from the levy; and if he will make a statement on the matter. [3202/15]

Written Answers — Department of Finance: Tax Reliefs Application (22 Jan 2015)

Michael McGrath: 73. To ask the Minister for Finance his views on reports that the Government is to grant additional tax relief to landlords in return for rent certainty leases; if he has discussed these proposals with the Department of the Environment, Community and Local Government; and if he will make a statement on the matter. [3203/15]

Written Answers — Department of Finance: Pension Provisions (22 Jan 2015)

Michael McGrath: 74. To ask the Minister for Finance the number of persons who have been granted a personal increase in the standard fund threshold applying to their pension in each year since 2011; the cumulative increase represented by these cases; the estimated amount of tax foregone as a result; and if he will make a statement on the matter. [3204/15]