Results 1,341-1,360 of 11,979 for speaker:Billy Kelleher
- Seanad: Export Credit Insurance (9 Dec 2009)
Billy Kelleher: I am the Minister of State with responsibility for international trade and commerce.
- Seanad: Export Credit Insurance (9 Dec 2009)
Billy Kelleher: A State export credit scheme was established under the Insurance Act 1953, which provided export credit insurance to exporters to cover against the risk of non-payment for their goods by buyers abroad and to encourage the export of Irish goods and services. The scheme covered a wide range of risks up to 1991, when the Government decided to phase out State involvement in the provision of...
- Seanad: Export Credit Insurance (9 Dec 2009)
Billy Kelleher: I wish to refer to an issue Senator Ross raised in the context of the report's publication. The insurance companies opened up their books to KPMG on the assumption that it would be completely confidential. This information is highly commercially sensitive and the insurance companies were not obliged to provide the information. They volunteered the information provided that it was given...
- Seanad: Export Credit Insurance (9 Dec 2009)
Billy Kelleher: However, it is important to put on record the reason the KPMG report is not being published. No conspiracy theories are involved in this regard. It simply is a basic fact pertaining to commercial sensitivity. The Department and KPMG sought out the insurance companies, which assisted and co-operated in giving the information on the context of the market and the conditions surrounding export...
- Seanad: Export Credit Insurance (9 Dec 2009)
Billy Kelleher: I do.
- Seanad: Export Credit Insurance (9 Dec 2009)
Billy Kelleher: The Department and KPMG entered into legally binding agreements. This information could not be released.
- Seanad: Export Credit Insurance (9 Dec 2009)
Billy Kelleher: The broad thrust of the report quite clearly indicates that export credit insurance or the top-up system which was proposed by some people in the export business simply were not viable. There is now an upturn in that market. It is quite possible that commercial houses and insurance houses will be able to provide that cover in future and that there will be no need for the State to get...
- Order of Business (11 Dec 2009)
Billy Kelleher: Deputy Kenny was obviously listening to Deputy Gilmore on the radio this morning.
- Order of Business (11 Dec 2009)
Billy Kelleher: Deputy Ring is much better at expressing indignation.
- Order of Business (11 Dec 2009)
Billy Kelleher: Changes are allowed under Standing Order 48.
- Order of Business (11 Dec 2009)
Billy Kelleher: This is not relevant to the House.
- Order of Business (11 Dec 2009)
Billy Kelleher: While the Labour Party promises the sun and the stars.
- Social Welfare and Pensions (No. 2) Bill 2009: Second Stage (Resumed) (11 Dec 2009)
Billy Kelleher: Those opposite exiled a few people in the past.
- Social Welfare and Pensions (No. 2) Bill 2009: Second Stage (Resumed) (11 Dec 2009)
Billy Kelleher: What about Sinn Féin's friends at the Royal Bank of Scotland.
- Order of Business (15 Dec 2009)
Billy Kelleher: Wrong again.
- (15 Dec 2009)
Billy Kelleher: I welcome the opportunity to speak on the Financial Measures in the Public Interest (No. 2) Bill 2009. I do not have much time and would like to refer to some of the issues raised by Deputy Burton in the context of her contribution. Having listened to the debate in the context of preparations for budget 2010 and the discussions that went on outside this Chamber in the context of divisions...
- Financial Emergency Measures in the Public Interest (No. 2) Bill 2009: Second Stage (Resumed) (15 Dec 2009)
Billy Kelleher: It is important to deal in facts when speaking about important issues. No Government or employer takes lightly the need to reduce the wages and salaries of its employees. However, in the context of where we are and with the budget deficit we were faced with, it was critically important, first and foremost, to stabilise the public finances. It has been suggested that this budget was aimed...
- Financial Emergency Measures in the Public Interest (No. 2) Bill 2009: Second Stage (Resumed) (15 Dec 2009)
Billy Kelleher: No. That is being addressed.
- Financial Emergency Measures in the Public Interest (No. 2) Bill 2009: Second Stage (Resumed) (15 Dec 2009)
Billy Kelleher: I would not mind sharing my time. It was not that I harshly wanted 20 minutes to myself, but the Minister of State, Deputy Martin Mansergh, will contribute at a later stage. Our international reputation is of critical importance because we are borrowing large sums of money. It would be very expensive for bond markets and lenders to get the insurance to lend money to a country with a damaged...
- Financial Emergency Measures in the Public Interest (No. 2) Bill 2009: Second Stage (Resumed) (15 Dec 2009)
Billy Kelleher: We all know the reasons.