Results 9,701-9,720 of 27,945 for speaker:Michael McGrath

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Jun 2015)

Michael McGrath: Can I clear up two other matters very quickly? One is this inference that you make on page 2 of your witness statement that the need to consider the issues of rezoning more land to increase housing supply was blocked from reaching a higher level in the bank in light, in your view, of political and property interests of the bank's board. The political side I think we can understand to mean...

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Jun 2015)

Michael McGrath: But you referred to property interests and the implication being somebody had a direct vested interest in property?

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Jun 2015)

Michael McGrath: That's not what you're saying, okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Jun 2015)

Michael McGrath: Okay. And very finally, Chair, you refer, Mr. O'Connell, on page 4 of your witness statement that around 2002, 2003, a memo from the economics function in the bank sent to the then Governor essentially recommending that lending to the property sector needed to be reined in, and you refer to a memo coming back, and you said you have a copy of that memo where there's a note added that it's out...

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Jun 2015)

Michael McGrath: Okay, can we get that for-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Jun 2015)

Michael McGrath: Thank you.

Written Answers — Department of Finance: Tax Credits (11 Jun 2015)

Michael McGrath: 75. To ask the Minister for Finance if an incapacitated child tax credit may be claimed in circumstances where a qualifying adult is not living with a surviving parent, but is supported to some extent by that parent; and if he will make a statement on the matter. [22790/15]

Written Answers — Department of Finance: Fiscal Policy (11 Jun 2015)

Michael McGrath: 86. To ask the Minister for Finance his views on the finding of the Irish Fiscal Advisory Council that the Stability Programme Update 2015 sets out a plan that lowers the budget deficit by just 0.3% of gross domestic product in 2016, thus falling short of requirements on a forward-looking basis; and if he will make a statement on the matter. [22921/15]

Written Answers — Department of Finance: Fiscal Policy (11 Jun 2015)

Michael McGrath: 87. To ask the Minister for Finance if projections for the deficit for 2017 and subsequent years in the Spring Economic Statement and the Stability Programme Update 2015 are based on anticipated neutral budgets post-2016, or if they incorporate promised tax and expenditure measures of up to €1.5 billion per annum; and if he will make a statement on the matter. [22922/15]

Written Answers — Department of Finance: Fiscal Policy (11 Jun 2015)

Michael McGrath: 90. To ask the Minister for Finance the projected deficit in 2016, 2017 and 2018 on a no-policy-change basis and, separately, based on policies envisaged by the Government; and if he will make a statement on the matter. [22926/15]

Written Answers — Department of Finance: Fiscal Policy (11 Jun 2015)

Michael McGrath: 88. To ask the Minister for Finance his views on the finding of the Irish Fiscal Advisory Council that the Spring Economic Statement and the Stability Programme Update 2015 incorporate a further adjustment for tax buoyancy that goes against the letter and spirit of the expenditure benchmark rule; and if he will make a statement on the matter. [22923/15]

Written Answers — Department of Finance: Fiscal Policy (11 Jun 2015)

Michael McGrath: 89. To ask the Minister for Finance his views on the Irish Fiscal Advisory Council's claim that the Stability Programme Update 2015 does not present a full picture of the likely costs of demographic ageing and cost pressures in delivering existing programmes; and if he will make a statement on the matter. [22924/15]

Written Answers — Department of Public Expenditure and Reform: Fiscal Policy (11 Jun 2015)

Michael McGrath: 96. To ask the Minister for Public Expenditure and Reform his views on the Irish Fiscal Advisory Council's claim that the ratio of non-interest Government spending to gross domestic product is projected to fall by over five percentage points between 2015 and 2020 and this would appear very challenging to achieve while maintaining current services and meeting demands for increases in public...

Written Answers — Department of Public Expenditure and Reform: Fiscal Policy (11 Jun 2015)

Michael McGrath: 97. To ask the Minister for Public Expenditure and Reform the way he envisages the system of multi-year ceilings will operate under the revised EB framework; his views on the finding of the Irish Fiscal Advisory Council that the multi-year expenditure ceilings system is not working effectively because the Government has consistently made adjustments to the ceilings; and if he will make a...

Written Answers — Department of Justice and Equality: Garda Youth Diversion Projects (11 Jun 2015)

Michael McGrath: 119. To ask the Minister for Justice and Equality when she expects a Garda youth diversion project for a town (details supplied) in County Cork to be operational; the level of resources that will be involved; the way the project will operate; and if she will make a statement on the matter. [22855/15]

Written Answers — Department of Justice and Equality: Garda Investigations (11 Jun 2015)

Michael McGrath: 124. To ask the Minister for Justice and Equality the progress of investigations by An Garda Síochána into the 16 complaints involving the National Asset Management Agency which she confirmed were taking place in 2014; the number of investigations that have been finalised and the outcome in each case; and if she will make a statement on the matter. [22872/15]

Written Answers — Department of Justice and Equality: Garda Investigations (11 Jun 2015)

Michael McGrath: 125. To ask the Minister for Justice and Equality if any additional complaints to An Garda Síochána have been made involving the National Asset Management Agency, separate to the 16 complaints she confirmed in 2014; and if she will make a statement on the matter. [22873/15]

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Michael McGrath: Thank you, Chair. You're very welcome, Mr. O'Reilly. Can I start by asking you, in relation to the banking crisis, and I suppose the fact it happened is the ultimate measure of the effectiveness of the use of supervisory powers but, in your view, essentially what went wrong and who was responsible, given the fact that banking supervision from 2003 to 2008 failed to prevent an unprecedented...

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Michael McGrath: Basel II is it?

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Michael McGrath: Yes.