Results 10,741-10,760 of 19,445 for speaker:Brian Cowen

Leaders' Questions. (18 Nov 2008)

Brian Cowen: An investigation in this regard is at an advanced stage. The level of impairment to which I refer can affect the capital of banks. On the issue in hand, namely, Irish business, the real question that arises is how we can ensure that lines of credit will be made available. We do so by ensuring the banks' business plans are adequate in this regard.

Leaders' Questions. (18 Nov 2008)

Brian Cowen: The other matter, which is separate from this one, relates to the capitalisation of the banks. All options are being considered in this regard.

Leaders' Questions. (18 Nov 2008)

Brian Cowen: The Financial Regulator has kept the Government briefed on the report, which was a work in progress until today. The Governor of the Central Bank and Financial Services Authority of Ireland will be meeting the Minister for Finance later this afternoon — if he has not already done so — to outline the position in full. It is important to point out that despite many statements to the...

Leaders' Questions. (18 Nov 2008)

Brian Cowen: It was not right. It provided the means by which access to liquidity could be provided to the Irish banks at a time, six weeks ago, when a real problem existed and continues to exist. The issue before us this afternoon is Allied Irish Bank loans. We are continuing to work with the banks to ensure that if they can get access to such loans they do so. Access to capital, private or otherwise,...

Leaders' Questions. (18 Nov 2008)

Brian Cowen: The Tánaiste has been in touch with the banks on that matter since then.

Leaders' Questions. (18 Nov 2008)

Brian Cowen: We are awaiting——

Leaders' Questions. (18 Nov 2008)

Brian Cowen: It was not weeks ago, it was last week. Let us be clear about what we are talking about. It was not weeks ago. The bank guarantee scheme was introduced weeks ago, not months ago as suggested by Deputy Kenny when making his initial point.

Leaders' Questions. (18 Nov 2008)

Brian Cowen: The point is——

Leaders' Questions. (18 Nov 2008)

Brian Cowen: The point is, and it is a simple point——-

Leaders' Questions. (18 Nov 2008)

Brian Cowen: The record will show otherwise. I will leave it at that.

Leaders' Questions. (18 Nov 2008)

Brian Cowen: As far as the Government is concerned, whatever can be done by the Irish banking system to assist Irish business, will be done.

Leaders' Questions. (18 Nov 2008)

Brian Cowen: The second point relates to the stability of the banking system. The party that opposed the decision which provided stability in the banking system——

Leaders' Questions. (18 Nov 2008)

Brian Cowen: I am entitled to reply. If Deputy Gilmore is entitled to ask a question without interruption, I am entitled to respond with interruption.

Leaders' Questions. (18 Nov 2008)

Brian Cowen: I have answered the question and will continue to answer it.

Leaders' Questions. (18 Nov 2008)

Brian Cowen: I answered the question

Leaders' Questions. (18 Nov 2008)

Brian Cowen: If Deputy Gilmore is going to get involved in this type of nonsense——

Leaders' Questions. (18 Nov 2008)

Brian Cowen: I have answered the question. In regard to the provision of sufficient funding for Irish business, the Government will do everything it can to achieve that.

Leaders' Questions. (18 Nov 2008)

Brian Cowen: The suggestion that recapitalisation is the solution to the problem is not correct. In regard to the European Investment Bank fund, I have informed the House that the Tánaiste has been in touch with the banks and we are waiting to hear if they have been successful in that effort.

Leaders' Questions. (18 Nov 2008)

Brian Cowen: It is not true to suggest that no effort is being made by anybody to try to improve the situation. That is not the situation.

Leaders' Questions. (18 Nov 2008)

Brian Cowen: We are doing all that we can. We are at an advanced stage in respect of a whole range of issues that I cannot discuss this evening——