Results 841-860 of 32,547 for speaker:Paschal Donohoe

Seanad: National Recovery Plan 2011-2014: Statements (24 Nov 2010)

Paschal Donohoe: I welcome the Minister of State. I welcome the publication of a plan such as this because one of the great failings in the budgetary process is that it is done on a year-to-year basis. This plan will put in place a framework for a number of years, laying out budgetary targets while recognising the fact that a new Government will have the discretion to decide to achieve the targets in a...

Seanad: Order of Business (25 Nov 2010)

Paschal Donohoe: I support what Senator Cummins said in calling for a further debate on the four year plan. We should also discuss some of the reaction to the four year plan, in particular the call made by the Technical, Engineering and Electrical Union for a campaign of civil disobedience against the plan. That is very much worthy of discussion in the House because any form of protest, including peaceful...

Seanad: Order of Business (25 Nov 2010)

Paschal Donohoe: I ask the people making that call to reflect on three questions. The first is what the call means. Are they encouraging people to storm the Department of Finance, other Departments or institutions of State? They must clarify that. The second question is what it will achieve. An election is on the way following the passage of the finance Bill, whenever that may be. That gives people the...

Seanad: Order of Business (25 Nov 2010)

Paschal Donohoe: Does that mean that regardless of the Government that will be in place this kind of campaign will be maintained? Will such a campaign be in place regardless of the result of the general election? That is the kind of signal that could send our society into a spiral from which it would be difficult to get out. I call on the Technical, Engineering and Electrical Union to clarify and withdraw...

Seanad: Order of Business (Resumed) (30 Nov 2010)

Paschal Donohoe: I wish to pick up on the question Senator Mooney asked the Leader about what is happening with the financial markets and suggest a more obvious answer as to what is driving the trend today. The financial markets doubt the credibility of this plan. There was a marked difference between the market reaction to the Greek plan and to our plan. When the Greek plan was announced, Greek shares,...

Seanad: Order of Business (2 Dec 2010)

Paschal Donohoe: Senator Bacik used an appropriate phrase - appalling vista - and I would like to apply the same phrase to the report published by the Central Bank yesterday on the review of bonus payments made to senior bankers. We have discussed at great length in the House the appalling mistakes made by the Government in regulating the banking sector over recent years. It is almost beyond contemplation...

Seanad: Order of Business (2 Dec 2010)

Paschal Donohoe: Today of all days, and next week of all weeks, when the budget that will be introduced will show the cost of those mistakes to the country, the fact we have clear evidence that this continues to happen should be unacceptable to this House. It is absolutely unacceptable to the people of Ireland. I urge the Leader to arrange an immediate debate on this report. With regard to the what Senator...

Seanad: EU-IMF Programme for Ireland: Statements (2 Dec 2010)

Paschal Donohoe: I welcome the Minister of State, Deputy Connick. This is a hugely important plan for the future of our country. This agreement will affect every aspect of Irish political life, so it is important we discuss it today. This agreement represents the manifest failure of the ability of this Government to manage our affairs over the past seven to eight years. That failure is so obvious that I...

Seanad: EU-IMF Programme for Ireland: Statements (2 Dec 2010)

Paschal Donohoe: I wish to understand why the Government believes this cannot be done. I make this point for another reason, as there is much discussion about the intervention the German Chancellor, Angela Merkel, made in the debate. The solution she advocated for 2013 is what we are trying to make happen now. The irony of the crisis we find ourselves in is that the solution proposed by the German...

Seanad: EU-IMF Programme for Ireland: Statements (2 Dec 2010)

Paschal Donohoe: I thank the Senator.

Seanad: Order of Business (7 Dec 2010)

Paschal Donohoe: Many of my colleagues have referred to today's forthcoming budget. In that context, I am asking the Leader for a debate on the fourth report of the Joint Committee on Finance and the Public Service, entitled Report on Macroeconomic Policy and Effective Fiscal and Economic Governance. This report has been endorsed by all parties in the House and seeks a more effective way to deliver budgets...

Seanad: Budget Statement 2011: Statements (8 Dec 2010)

Paschal Donohoe: I want to talk about the way in which Senator Hanafin evaluated this budget in terms of fairness, and I will consider a number of examples to help us understand how fair it really is. Before I do so, however, I want to consider some of the commentary that has taken place about the budget. I was struck by an image I saw on my way to the House this morning. It was a picture on the front of a...

Seanad: Rail Services (8 Dec 2010)

Paschal Donohoe: I welcome the Minister of State and thank the Cathaoirleach for selecting this motion. It refers to the Dublin underground interconnector, which is frequently referred to as the underground DART. It could provide an underground facility that would link many of Dublin's existing train stations. By so doing, it could free up capacity for additional services and trains to come into the city...

Seanad: Credit Institutions (Stabilisation) Bill 2010: Second Stage (16 Dec 2010)

Paschal Donohoe: I welcome the Minister and thank him for his contribution. Given the reference he made to the ECB-IMF support plan for our country, I invite him to make one comment later in the day. A growing number of people are saying that our country was bullied into accepting some form of a deal. I hear it increasingly from young people, who I am looking to represent. Parties on this side of the...

Seanad: Credit Institutions (Stabilisation) Bill 2010: Second Stage (16 Dec 2010)

Paschal Donohoe: Okay. What will happen between now and early next year which will require the Minister to override those shareholders? I would appreciate it if the Minister would come back to this later. As I said, the injection of capital alone is allowed under the current framework. The second reason the issue of timing is very important is that the special resolution mechanism, about which the Minister...

Seanad: Credit Institutions (Stabilisation) Bill 2010: Second Stage (16 Dec 2010)

Paschal Donohoe: I am not advocating that.

Seanad: Credit Institutions (Stabilisation) Bill 2010: Second Stage (16 Dec 2010)

Paschal Donohoe: There are not many hours. It was only published on Tuesday.

Seanad: Credit Institutions (Stabilisation) Bill 2010: Second Stage (16 Dec 2010)

Paschal Donohoe: It came out of the Dáil last night.

Seanad: Credit Institutions (Stabilisation) Bill 2010: Second Stage (16 Dec 2010)

Paschal Donohoe: That is correct.

Seanad: Credit Institutions (Stabilisation) Bill 2010: Second Stage (16 Dec 2010)

Paschal Donohoe: Absolutely.