Results 1,461-1,480 of 5,148 for speaker:Mairéad Farrell

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Review of EU Economic Governance Framework: Dr. Dirk Ehnts (1 Dec 2021)

Mairéad Farrell: A Senator had indicated a wish to speak but now appears to have left. Senator Higgins can ask her additional questions and I will intervene if the other Senator returns.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Review of EU Economic Governance Framework: Dr. Dirk Ehnts (1 Dec 2021)

Mairéad Farrell: Do many other countries have fiscal rules? I am interested in hearing the global view of the rules. I am aware that the New Zealand Government still has the old fiscal rules in place but, interestingly, the Green Party there is quite against them.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Review of EU Economic Governance Framework: Dr. Dirk Ehnts (1 Dec 2021)

Mairéad Farrell: I note Senator Higgins has indicated. I will allow her in but I ask members to be mindful that we have to conclude at 4.30 p.m.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Review of EU Economic Governance Framework: Dr. Dirk Ehnts (1 Dec 2021)

Mairéad Farrell: I had a final question, but I note Deputy Durkan is indicating so I will allow him. I remind everyone that we need to conclude in the next two and a half minutes.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Review of EU Economic Governance Framework: Dr. Dirk Ehnts (1 Dec 2021)

Mairéad Farrell: I thank Dr. Ehnts for attending today and for his engagement with the committee.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Withdrawal from Irish Banking Market: Engagement with KBC (1 Dec 2021)

Mairéad Farrell: They have given KBC Ireland long years of service. That needs to be remembered as well. That is extremely important. These are people's real lives that we are talking about and, in some ways, playing with. It will be very interesting to see what comes out of those discussions, which I hope will conclude soon. The reality is this is a huge stress on people's lives. We cannot forget that....

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2021
Vote 6 - Office of the Chief State Solicitor (Supplementary) (2 Dec 2021)

Mairéad Farrell: Gabhaim buíochas leis an Aire Stáit as teacht os comhair an choiste. Tá sé i gcónaí iontach plé a dhéanamh ar na rudaí seo. I apologise to the Minister of State and committee members for having to leave early as I am due to speak in the Dáil shortly. I thank him for his opening statement, which was quite interesting. I am interested in the...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2021
Vote 6 - Office of the Chief State Solicitor (Supplementary) (2 Dec 2021)

Mairéad Farrell: I thank the Minister of State for his response. Unfortunately, those are the only questions I have time to ask because I have to leave to speak in the Chamber. My apologies for having to leave the committee early.

Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (8 Dec 2021)

Mairéad Farrell: Gabhaim buíochas leis na finnéithe as teacht os comhair an choiste. This has been quite an interesting discussion so far. IFAC noted in its recent fiscal assessment report that we have stayed within the fiscal rules, but it notes elsewhere the risk of GDP declining in the medium term due to changes in the international tax regime. Do the witnesses believe that if the fiscal rules...

Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (8 Dec 2021)

Mairéad Farrell: I thank Mr. Barnes. If the rules were to remain the same or unchanged, it could be an issue of concern-----

Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (8 Dec 2021)

Mairéad Farrell: The finance committee has been considering the issue of the fiscal rules because, as Mr. Barnes said, the review is being conducted. Both committees are working in this regard. At a meeting of one of the committees, we heard a deficit percentage of 3% was simply plucked out of the air at the time in question. France, for example, had a deficit of 2.6% at the time. The deficit percentage...

Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (8 Dec 2021)

Mairéad Farrell: Gabhaim buíochas leis. I thank Mr. Barnes. It is interesting to hear that. The reason I asked is that I am a member of two different committees that are very much focused on this matter. It is, therefore, topical and submissions need to be in by the end of the month. The report also notes the Commission on Pensions package of reforms and the council's concern with delays in...

Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (8 Dec 2021)

Mairéad Farrell: I also note IFAC's focus on the pension age and PRSI increases, but there does not seem to be much focus on the significant tax expenditure that occurs on private pensions. Originally, there were concerns raised, even by the troika, that such expenditure is benefiting high earners. I would be interested in the council commenting on why there is a lack of focus on this as well. I want to...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Central Bank (8 Dec 2021)

Mairéad Farrell: Gabhaim buíochas leis na finnéithe as ucht teacht os comhair an choiste. Many of the questions I intended asking have already been asked. I will follow up on two issues. First, in relation to the conversation with my colleague, Deputy Doherty, I am interested in the powers available to the Central Bank. In Britain, the Financial Conduct Authority is able to take cases instead of...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Central Bank (8 Dec 2021)

Mairéad Farrell: Does the Central Bank require extra powers to do what the FCA does? I am not saying whether it should or should not do it. I am just asking if the Central Bank would require additional powers?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Central Bank (8 Dec 2021)

Mairéad Farrell: Is Dr. Cassidy saying that it will take years for that information to be in the NCID? Is he saying that the Central Bank will be able to look at the trends in premiums but not euro-for-euro changes?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Withdrawal from Irish Banking Market: Engagement with Ulster Bank (8 Dec 2021)

Mairéad Farrell: I apologise. I sometimes have issues with sound, as the Chairman knows. Gabhaim buíochas leis na finnéithe as teacht os comhair an choiste. I am interested in the non-performing loans. The witnesses did not give any indication in their opening statement as to the ultimate fate of the non-performing loan book. Many customers are understandably anxious about the entity that will...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Withdrawal from Irish Banking Market: Engagement with Ulster Bank (8 Dec 2021)

Mairéad Farrell: Can Ms Howard indicate when the bank will have to deal with the non-performing loan sale? We hope people will engage.