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Committee of Inquiry into the Banking Crisis: Institute of International and European Affairs
Governance of the ECB: Past, Present and Future
(30 Apr 2015)

Michael McGrath: No, Ireland was discussed.

Committee of Inquiry into the Banking Crisis: Institute of International and European Affairs
Governance of the ECB: Past, Present and Future
(30 Apr 2015)

Michael McGrath: Ireland was discussed. The situation in Ireland was discussed and that was the conclusion.

Committee of Inquiry into the Banking Crisis: Institute of International and European Affairs
Governance of the ECB: Past, Present and Future
(30 Apr 2015)

Michael McGrath: 11 November.

Committee of Inquiry into the Banking Crisis: Institute of International and European Affairs
Governance of the ECB: Past, Present and Future
(30 Apr 2015)

Michael McGrath: I'm asking you did it happen. I can't confirm it happened because I wasn't there, but you can confirm whether or not such a meeting took place.

Committee of Inquiry into the Banking Crisis: Institute of International and European Affairs
Governance of the ECB: Past, Present and Future
(30 Apr 2015)

Michael McGrath: No, to arrive at a conclusion that they tried to contain the crisis and to prevent contagion elsewhere in Europe and indeed globally, that it was in the best interests of Ireland to enter the programme, and you subsequently had a conversation with Mr. Lenihan on 12 November, delivering that message.

Committee of Inquiry into the Banking Crisis: Institute of International and European Affairs
Governance of the ECB: Past, Present and Future
(30 Apr 2015)

Michael McGrath: This has been reported Mr. Trichet, and I'm asking you to confirm whether or not it took place. I wasn't there, I wasn't party to a conversation, you can say whether it happened or not.

Committee of Inquiry into the Banking Crisis: Institute of International and European Affairs
Governance of the ECB: Past, Present and Future
(30 Apr 2015)

Michael McGrath: I think you would remember-----

Committee of Inquiry into the Banking Crisis: Institute of International and European Affairs
Governance of the ECB: Past, Present and Future
(30 Apr 2015)

Michael McGrath: I suppose, what I am asking you is if it had been decided before that. Now we know, it certainly has been reported that persons from within the ECB were briefing the media, in the days leading up to the formal announcement of a programme, that Ireland would have to enter into a programme. So the question is, had the ECB arrived at a conclusion, prior to that letter to Minister Lenihan on 19...

Written Answers — Department of Finance: Mortgage Repayments (6 May 2015)

Michael McGrath: 124. To ask the Minister for Finance the amount in legal costs that Allied Irish Banks spent in 2013 and in 2014, in pursuing persons who had defaulted on their house loans; the top five highest amounts paid out to legal firms for that work in 2014 only; and if he will make a statement on the matter. [17186/15]

Written Answers — Department of Finance: IBRC Operations (6 May 2015)

Michael McGrath: 131. To ask the Minister for Finance the payment, in cents per share, made to shareholders in Siteserv, as a result of the €5m distribution as part of the write-off of €10 million by the Irish Bank Resolution Corporation; and if he will make a statement on the matter. [17371/15]

Written Answers — Department of Finance: Universal Social Charge Application (6 May 2015)

Michael McGrath: 132. To ask the Minister for Finance the cost of reducing the current Universal Social Charge rates to 1%, 3% and 6% respectively for PAY As You Earn and self-employed earners, while maintaining the current bands and the 8% rate; and if he will make a statement on the matter. [17415/15]

Written Answers — Department of Finance: Universal Social Charge Application (6 May 2015)

Michael McGrath: 170. To ask the Minister for Finance the cost of reducing the current 7% rate of Universal Social Charge by 0.5%, 1%, 1.5% and 2%; and if he will make a statement on the matter. [17757/15]

Written Answers — Department of Finance: Universal Social Charge Application (6 May 2015)

Michael McGrath: 171. To ask the Minister for Finance the current number of income earners who are exempt from paying Universal Social Charge; the level to which the threshold would need to be raised to exempt a total of 400,000 and 500,000 persons respectively from the Universal Social Charge; and if he will make a statement on the matter. [17758/15]

Written Answers — Department of Finance: Mortgage Interest Rates (6 May 2015)

Michael McGrath: 140. To ask the Minister for Finance the position regarding the review of accounts by Permanent TSB, whose owners may be affected by the recent Supreme Court case pertaining to customers on a fixed-rate mortgage product which included a right to move to a tracker rate at the end of the agreed fixed rate term; if he will specify the number of customer accounts that are potentially affected;...

Written Answers — Department of Finance: Mortgage Interest Rates (6 May 2015)

Michael McGrath: 151. To ask the Minister for Finance if consideration is being given to increasing the bank levy on financial institutions that do not reduce standard variable mortgage rates. [17596/15]

Written Answers — Department of Finance: Fuel Laundering (6 May 2015)

Michael McGrath: 153. To ask the Minister for Finance if he will provide a breakdown by county of the 134 filling stations closed down by the Revenue Commissioners in the past four years as part of the investigation into fuel laundering; if these closures are permanent or temporary; and if he will make a statement on the matter. [17601/15]

Written Answers — Department of Finance: Property Tax Data (6 May 2015)

Michael McGrath: 164. To ask the Minister for Finance if he will provide a detailed breakdown of the distribution of the local property tax collected in 2013; and if he will make a statement on the matter. [17710/15]

Written Answers — Department of Finance: Financial Services Regulation (6 May 2015)

Michael McGrath: 165. To ask the Minister for Finance the number of persons working in international financial services in County Cork; if he has considered supporting the development of an international financial services cluster in County Cork; and if he will make a statement on the matter. [17739/15]

Written Answers — Department of Finance: State Banking Sector (6 May 2015)

Michael McGrath: 166. To ask the Minister for Finance the current value of the State's investments in Allied Irish Banks, Bank of Ireland and Permanent TSB; and if he will make a statement on the matter. [17743/15]

Written Answers — Department of Finance: Pension Provisions (6 May 2015)

Michael McGrath: 169. To ask the Minister for Finance further to Parliamentary Question No. 57 of 7 November 2012, if he will confirm the arm's length and market value basis for the transaction involving the transfer of €1.1 billion of par value loan assets from the company's balance sheet to the pension fund; if he will specify the amount the bank was actually paid for the loan assets by the pension...

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