Results 10,781-10,800 of 27,019 for speaker:Michael Noonan
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (8 May 2013)
Michael Noonan: No, that is not the case.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (8 May 2013)
Michael Noonan: The "patent cliff", as it is known, is the principal reason for the projected decline in exports. Patents held by the pharmaceutical industry in Ireland are running out and generic medicines around the world are replacing high value patented medicines. This is hitting Ireland disproportionately. However, the other side of the export indices shows that growth in service exports is in double...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (8 May 2013)
Michael Noonan: I also stated that-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (8 May 2013)
Michael Noonan: Senator Sean Barrett is aware of it.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (8 May 2013)
Michael Noonan: The Senator will give the Deputy private tuition.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (8 May 2013)
Michael Noonan: No, it is not.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (8 May 2013)
Michael Noonan: Not everyone is saying that. That is just the view of the Deputy, his friends and the people the Deputy is marching with.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (8 May 2013)
Michael Noonan: Krugman has been saying that for years. One does not even have to read some economists any more. One knows exactly what they are going to say when one sees the name.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (8 May 2013)
Michael Noonan: The problem in Europe is not so much current policy as press policy. The policies that were pursued in Europe, like the policies that were pursued in Ireland, caused the crisis.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (8 May 2013)
Michael Noonan: There is no point in blaming the medicine, the Deputy should blame the disease and applaud the medicine. The medicine is being applied to control debt and get deficits down. The Deputy can argue about the pace of that. Now they are loosening up a little in Europe and giving certain countries more time to deal with excessive deficits. That is fair enough. There are many other things that...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (8 May 2013)
Michael Noonan: The Deputy sounds like someone who is on drugs, who is high.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (8 May 2013)
Michael Noonan: There is the jobs policy which is being driven by the Minister, Deputy Richard Bruton. It has more than 200 specific targets and is working to a timeline. The Deputy should get a copy of it. It is very detailed. It is on a timeline, has hundreds of specific targets and is working.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (8 May 2013)
Michael Noonan: As I have said, there are hundreds of specifics in the policy. The Deputy has accused the Government of not having a specific target-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (8 May 2013)
Michael Noonan: I am giving the Deputy the reference. He should get a copy of it and read it.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (8 May 2013)
Michael Noonan: It is not.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (8 May 2013)
Michael Noonan: I would not-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (8 May 2013)
Michael Noonan: As I said, of the 27 European Union countries the Commission is predicting that Ireland will have the third highest growth rate this year. This is the third consecutive year of growth in the economy, and growth generates jobs. The unemployment rate was at 15% when we came into office. It is now at the rate of 14% and it is going down progressively. However, there are some intractable...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (8 May 2013)
Michael Noonan: If the Deputy wants specifics and detail, which I cannot give-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (8 May 2013)
Michael Noonan: I am not prepared to give soundbites.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (8 May 2013)
Michael Noonan: There is a policy document on jobs that is driven by the Minister, Deputy Richard Bruton. He makes frequent announcements on it and it seems the Deputy was not even aware of its existence.