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Confidence in Government: Motion (9 Jun 2009)

Brian Cowen: What I am saying is that the indebtedness of this country will continue to be third lowest in the euro area even after next year. That is not to suggest that there is any great comfort in that. I am simply making the point that when revenues are reduced to such an extent, so dramatically and quickly, a correction and an adjustment must be made. We have to make a correction and an...

Confidence in Government: Motion (9 Jun 2009)

Brian Cowen: That rate of adjustment until 2013 is the way forward and the best means of restoring health to our public finance position.

Confidence in Government: Motion (9 Jun 2009)

Brian Cowen: It has also been accepted by the social partners as the way forward. Deputy Quinn clearly has something to say about that but the framework agreed at the end of January gets the agreement of social partnership on the need to make this adjustment to our public finance position as a prerequisite to economic recovery. If the Deputy has a problem with that point, he is at variance with the...

Confidence in Government: Motion (9 Jun 2009)

Brian Cowen: The only way we can restore growth is by making sure we continue with the public finance position outlined by the Minister for Finance in the supplementary budget. During the course of this debate there will be opportunities for Members who support or are in Government or are in Opposition to discuss the real choices. Whatever the choices people may wish to promulgate, they will have to be...

Confidence in Government: Motion (9 Jun 2009)

Brian Cowen: That is not true.

Confidence in Government: Motion (9 Jun 2009)

Brian Cowen: There are no costings.

Confidence in Government: Motion (9 Jun 2009)

Brian Cowen: That is not true.

Confidence in Government: Motion (9 Jun 2009)

Brian Cowen: Fair play to you.

Confidence in Government: Motion (9 Jun 2009)

Brian Cowen: I apologise.

Written Answers — Official Protocol: Official Protocol (9 Jun 2009)

Brian Cowen: The National and EU flags are displayed at all press conferences and media events held in the Government Press Centre.

Written Answers — Departmental Expenditure: Departmental Expenditure (9 Jun 2009)

Brian Cowen: The following table details the expenditure by my Department and the agencies under my Department, on taxis, from 2007 to date (end of May 2009). Expenditure on Taxis 2007 2008 2009 (Jan - May) Department â'¬98,768 â'¬74,929 â'¬23,081 Organisation Review Programme 0 â'¬476 â'¬368 NESDO â'¬8,689 â'¬10,629 â'¬1,415 National Forum on Europe â'¬5,824 â'¬5,852 â'¬959...

Written Answers — Departmental Expenditure: Departmental Expenditure (9 Jun 2009)

Brian Cowen: The following table details bank charges incurred by my Department from 2006 to date. Bank Charges Year 2006 â'¬248 2007 â'¬1,414 2008 â'¬569 2009 (Jan - May) 0

Written Answers — Departmental Expenditure: Departmental Expenditure (9 Jun 2009)

Brian Cowen: The following table outlines the amount spent by my Department each year for the past 3 years (and 2009 to date) on bottled water. YEAR TOTAL SPENT ON BOTTLED WATER 2009 â'¬2157.52 2008 â'¬1950.15 2007 â'¬1792.34 2006 â'¬2896.60

Leaders' Questions (10 Jun 2009)

Brian Cowen: There is a purpose to the injection into Anglo Irish Bank of up to €4 billion and any alternative approach would be far more negative for the taxpayer. It is important that we ensure this bank, which is of systemic importance in financial terms to the financial system of the country, is allowed to restructure and to de-leverage. We must ensure we minimise the exposure to the taxpayer....

Leaders' Questions (10 Jun 2009)

Brian Cowen: I have explained what the story is. If Deputy Kenny does not know what the story is, then he should know.

Leaders' Questions (10 Jun 2009)

Brian Cowen: What is clear is that on 29 May the bank published its half-yearly accounts for the period to the end of March of this year. These showed a pre-tax loss of over €4 billion, mainly due to a write-off of some of the loan book. That represented a significant deterioration in the bank's position since it was nationalised in January and its assessment has been confirmed by...

Leaders' Questions (10 Jun 2009)

Brian Cowen: The decision to nationalise Anglo Irish Bank was a last resort for protecting both customers of Anglo Irish Bank, who were substantial employers in all sections of the economy, and also for ensuring that the remainder of the Irish financial system could access the funding that provides credit to all businesses, including our small and medium-sized enterprises. Anglo Irish Bank's business...

Leaders' Questions (10 Jun 2009)

Brian Cowen: The priority with regard to this bank is clearly that it recovers to the greatest extent possible the loans it has advanced. As a nationalised bank, the Government must ensure that it is supported in that effort.

Leaders' Questions (10 Jun 2009)

Brian Cowen: If Deputy Kenny has an alternative approach-----

Leaders' Questions (10 Jun 2009)

Brian Cowen: The alternative approach suggested by Deputy Kenny is to default all around, destroy the credibility of our banking system and-----

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