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Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector: Central Bank of Ireland (28 May 2015)

Pat Rabbitte: There are people adjacent to the building down there who say the same thing about bank regulation. They say that in typical Irish style, we have gone 180 degrees from light touch regulation.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector: Central Bank of Ireland (28 May 2015)

Pat Rabbitte: I would like to ask a question about the same matter, if the Vice Chairman will permit me to do so. I apologise for intervening, but I have to attend another meeting.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector: Central Bank of Ireland (28 May 2015)

Pat Rabbitte: We can get rid of it now.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector: Central Bank of Ireland (28 May 2015)

Pat Rabbitte: I ask Professor Honohan about Deputy Sean Fleming's point and the point raised by Deputy Richard Boyd Barrett about the profit redounding to the Exchequer through the Central Bank. Did I understand correctly that Professor John FitzGerald was saying in the article he had written, which I intended to read more carefully, that some €9 billion was likely to be saved by the Exchequer in...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector: Central Bank of Ireland (28 May 2015)

Pat Rabbitte: The impact on payment of debt is helpful.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector: Central Bank of Ireland (28 May 2015)

Pat Rabbitte: That may not be distributional in the normal meaning of things, but it is helpful.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector: Central Bank of Ireland (28 May 2015)

Pat Rabbitte: It is not over-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector: Central Bank of Ireland (28 May 2015)

Pat Rabbitte: That calculation is not over the period of 40 years. It would be over a decade because-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector: Central Bank of Ireland (28 May 2015)

Pat Rabbitte: Has the Governor commented on the Penrose Bill?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector: Central Bank of Ireland (28 May 2015)

Pat Rabbitte: From three years to one.

Written Answers — Department of Communications, Energy and Natural Resources: Legislative Process (9 Jun 2015)

Pat Rabbitte: 1120. To ask the Minister for Communications, Energy and Natural Resources his plans to complete the enactment of the Minerals Development Bill in 2015; and if he will make a statement on the matter. [21974/15]

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Minister for Finance (16 Jun 2015)

Pat Rabbitte: I think the Minister is being harsh. It is the second time I have heard Sinn Féin come out in full support of the Irish Fiscal Advisory Council. That might be useful to note as the year goes on.

Written Answers — Department of Health: Cancer Services (17 Jun 2015)

Pat Rabbitte: 165. To ask the Minister for Health the reason the combined therapy cancer treatment, that has been recommended in respect of a person (details supplied) at Tallaght Hospital, Dublin 24, is only available on a private basis, at a cost of €70,000 to the person; if it will be made available through the public system; and if he will make a statement on the matter. [24066/15]

Written Answers — Department of Communications, Energy and Natural Resources: Offshore Exploration (23 Jun 2015)

Pat Rabbitte: 628. To ask the Minister for Communications, Energy and Natural Resources the progress that has been made in respect of last year's undertaking to implement proposals in the Wood MacKenzie report on offshore exploration; if it remains his intention to give expression to these changes in the Finance Bill 2015; and if he will make a statement on the matter. [24650/15]

Written Answers — Department of Communications, Energy and Natural Resources: Offshore Exploration (23 Jun 2015)

Pat Rabbitte: 632. To ask the Minister for Communications, Energy and Natural Resources if he has agreed measures with the Department of Finance in respect of the implementation of the Wood MacKenzie report in respect of offshore exploration; as already committed to in principle by Government; if he will report on progress; and if he will make a statement on the matter. [24649/15]

Credit Unions: Motion (Resumed) [Private Members] (24 Jun 2015)

Pat Rabbitte: I do not want to go back over the arguments that have been advanced about the merits of the credit union movement because they are very well known to us. Also well known to us is the intervention of the current Government during the difficulties a small number of credit unions ran into. I am concerned about the protection of the unique ethos of the credit union movement. I have some...

Order of Business (30 Jun 2015)

Pat Rabbitte: They are only codding the Deputy.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Latest Eurozone Developments and Future Implications for Euro Currency: Discussion (15 Jul 2015)

Pat Rabbitte: I thank the witnesses for attending. We have had a very long term and the buckets and spades are in the back of the car. We did not need to be sent away in the mood they have induced. They have given a very baleful assessment - although being baleful is not a reason not to analyse it. However, the commentary amounts to an indictment of how the Union does its business today and secondarily...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Latest Eurozone Developments and Future Implications for Euro Currency: Discussion (15 Jul 2015)

Pat Rabbitte: Maybe, but I do not think that is a solution. Since the "Mercozy" creation, the Union has not been run in the way it used to be in the time of Jacques Delors and Roy Jenkins. The arrival of the French President Mr. Hollande has not changed that very much. That raises many questions and many people are concerned about whether the Union is becoming one for corporates rather than for...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Latest Eurozone Developments and Future Implications for Euro Currency: Discussion (15 Jul 2015)

Pat Rabbitte: At the worst point, it was 119%.

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