Results 9,381-9,400 of 40,550 for speaker:Joan Burton
- Order of Business (23 Nov 2010)
Joan Burton: -----that earlier he offered that we would meet various officials, Irish and international, and be briefed. What we would really like is a copy of the plan so that we can study it in advance of the launch and pronouncements by the Government. Will the Taoiseach confirm that the normal arrangements will apply?
- Meeting of Ministers for Finance of the Eurogroup: Statements (23 Nov 2010)
Joan Burton: They thought they would go for a take out and then come back.
- Meeting of Ministers for Finance of the Eurogroup: Statements (23 Nov 2010)
Joan Burton: I can imagine Sunday must have been a very emotional day for the Minister for Finance. For an Irish Minister for Finance to have to go cap in hand on behalf of his Government to no less than three international bodies - the European Central Bank, the European Commission and the International Monetary Fund - must have been extremely difficult and distressing. I want to ask the Minister a...
- Meeting of Ministers for Finance of the Eurogroup: Statements (23 Nov 2010)
Joan Burton: That is a wise decision.
- Meeting of Ministers for Finance of the Eurogroup: Statements (23 Nov 2010)
Joan Burton: We have a perfectly serviceable and costly Department of Finance, which has facilities for press conferences. Will the Minister tell us at this point what is the amount of the loan, the assistance and the facilities he and the Government propose to seek? We have need for money under three headings. First, we need at least another â¬20 billion for the banks, and some would say perhaps â¬40...
- Meeting of Ministers for Finance of the Eurogroup: Statements (23 Nov 2010)
Joan Burton: I have a question for the Minister which is pertinent to Greece. As I understand it, Greece is reviewed by the IMF team every quarter. I spoke today with a person from Greece who is familiar with what the country is going through. I understand that reviewing data every quarter is part of what the IMF does as its standard template. The Minister made a distinction when he said the ECB and...
- Meeting of Ministers for Finance of the Eurogroup: Statements (23 Nov 2010)
Joan Burton: They are never here.
- Meeting of Ministers for Finance of the Eurogroup: Statements (23 Nov 2010)
Joan Burton: They are not present.
- Meeting of Ministers for Finance of the Eurogroup: Statements (23 Nov 2010)
Joan Burton: I thank the Chair. The interruption is not a problem. I speak of our absent friends. I do not know whether we are toasting them but let us note the absent friends. I do not know of an economy which has been deflated back to recovery. This is a fundamental issue and there must be a debate about it. The Irish Labour Party has made a proposal, modelled on what Germany did after the Second...
- Meeting of Ministers for Finance of the Eurogroup: Statements (23 Nov 2010)
Joan Burton: We do not have to draw down all of the funding but the worst thing in the world would be to negotiate an inadequate contingency. Then, as with the failed bank guarantee and the failed NAMA, we would have to creep back and look for more. At that point we really would be in a place from which it would be difficult to see a hopeful return.
- Meeting of Ministers for Finance of the Eurogroup: Statements (23 Nov 2010)
Joan Burton: With the agreement of the House-----
- Meeting of Ministers for Finance of the Eurogroup: Statements (23 Nov 2010)
Joan Burton: The interest rate falls with the term because one expects the country to be solvent again in ten years.
- Meeting of Ministers for Finance of the Eurogroup: Statements (23 Nov 2010)
Joan Burton: That is no longer the case.
- Meeting of Ministers for Finance of the Eurogroup: Statements (23 Nov 2010)
Joan Burton: The British Chancellor of the Exchequer, George Osborne and the Swedish finance minister have indicated that they expect that their money will be available to Ireland at a rate of approximately 3%. Mr. Regling and other sources have indicated that Mr. Regling's fund essentially will be priced at 300 basis points of a penalty above the German rates. This probably means a rate of at least...
- Meeting of Ministers for Finance of the Eurogroup: Statements (23 Nov 2010)
Joan Burton: What negotiations is the Minister undertaking to prevent Ireland from been killed in the same fashion? Second, can the Minister confirm that the four-year plan to be published tomorrow will in effect be the letter of intent? The letter of intent is the formal application by the Government and it precedes the memorandum of understanding. Can the Minister state whether the four-year plan to...
- Meeting of Ministers for Finance of the Eurogroup: Statements (23 Nov 2010)
Joan Burton: Is that the Green Party still being textually difficult?
- Meeting of Ministers for Finance of the Eurogroup: Statements (23 Nov 2010)
Joan Burton: Will it be the basis of the letter of intent? That is what normally happens in other countries.
- Meeting of Ministers for Finance of the Eurogroup: Statements (23 Nov 2010)
Joan Burton: So, it will in fact be the basis.
- Meeting of Ministers for Finance of the Eurogroup: Statements (23 Nov 2010)
Joan Burton: With respect, the Opposition needs to know this as it is a very important point. If this is what the Government is putting forward as the basis of a letter of intent, the Opposition needs to know this because it is being given to international bodies as a negotiating base.
- Meeting of Ministers for Finance of the Eurogroup: Statements (23 Nov 2010)
Joan Burton: Sorry Ceann Comhairle, but this is an important point.