Results 15,541-15,560 of 16,537 for speaker:Brian Lenihan Jnr
- Meeting of Ministers for Finance of the Eurogroup: Statements (23 Nov 2010)
Brian Lenihan Jnr: Shame on the Deputy.
- Meeting of Ministers for Finance of the Eurogroup: Statements (23 Nov 2010)
Brian Lenihan Jnr: I cannot comment on the events. I witnessed them.
- Meeting of Ministers for Finance of the Eurogroup: Statements (23 Nov 2010)
Brian Lenihan Jnr: There will be an opportunity for questions.
- Meeting of Ministers for Finance of the Eurogroup: Statements (23 Nov 2010)
Brian Lenihan Jnr: They are not agreed yet.
- Meeting of Ministers for Finance of the Eurogroup: Statements (23 Nov 2010)
Brian Lenihan Jnr: Wrong location.
- Meeting of Ministers for Finance of the Eurogroup: Statements (23 Nov 2010)
Brian Lenihan Jnr: It is a decision I never heard of; it is one the Deputy invented.
- Meeting of Ministers for Finance of the Eurogroup: Statements (23 Nov 2010)
Brian Lenihan Jnr: I said it was a liquidity problem.
- Meeting of Ministers for Finance of the Eurogroup: Statements (23 Nov 2010)
Brian Lenihan Jnr: They are still here.
- Meeting of Ministers for Finance of the Eurogroup: Statements (23 Nov 2010)
Brian Lenihan Jnr: It was a teleconference.
- Meeting of Ministers for Finance of the Eurogroup: Statements (23 Nov 2010)
Brian Lenihan Jnr: We comfort each other in our suffering.
- Meeting of Ministers for Finance of the Eurogroup: Statements (23 Nov 2010)
Brian Lenihan Jnr: What about corporation tax?
- Meeting of Ministers for Finance of the Eurogroup: Statements (23 Nov 2010)
Brian Lenihan Jnr: I have no issue with that either, as long as the questioning finishes at 7 p.m.
- Meeting of Ministers for Finance of the Eurogroup: Statements (23 Nov 2010)
Brian Lenihan Jnr: I can waive my right to a statement.
- Meeting of Ministers for Finance of the Eurogroup: Statements (23 Nov 2010)
Brian Lenihan Jnr: It was my intention to take them in the first instance. On the European authorities, which are assisted by the IMF in the negotiations, the position, as I understand it, is that it is intended to brief the Opposition parties directly later this week on the issues involved in the negotiations. That is the intention of the European authorities and IMF. I agree with Deputy Rabbitte that it is...
- Meeting of Ministers for Finance of the Eurogroup: Statements (23 Nov 2010)
Brian Lenihan Jnr: The interest rate is a crucial part of the negotiations. Deputy Burton highlighted a very important issue in the negotiations, namely, the period for which the relevant funds will be available, in other words, the term of the funding. One of the difficulties with Greece was that the funding was very short term which will create a funding wall for the country at the end of the three year...
- Meeting of Ministers for Finance of the Eurogroup: Statements (23 Nov 2010)
Brian Lenihan Jnr: Short-term interest tends to be very low.
- Meeting of Ministers for Finance of the Eurogroup: Statements (23 Nov 2010)
Brian Lenihan Jnr: That is true in the present circumstances. In any event, the considerations that determine the appropriate rate of interest vary enormously depending on whether it is short-term, three year, six year or nine year funding. One must also remember that in respect of Ireland's application we are dealing with three different funds, all of which have different rules on the appropriate computation...
- Meeting of Ministers for Finance of the Eurogroup: Statements (23 Nov 2010)
Brian Lenihan Jnr: I am not entering into the substance of the negotiations on this issue at this stage. I am simply pointing out that in relation to Greece an arrangement was made for three year money which was very disadvantageous for that country. We do not want such an arrangement for Ireland.
- Meeting of Ministers for Finance of the Eurogroup: Statements (23 Nov 2010)
Brian Lenihan Jnr: In general terms, longer-term money gives greater security. It is also important to bear in mind that Greece was facing an immediate funding wall for what I will describe as the Greek Exchequer. I am not sure if the term "Exchequer" is used in Greece. We should use "Central Fund", the term used in the Constitution. The expression "Exchequer" has survived in our financial procedures. The...
- Meeting of Ministers for Finance of the Eurogroup: Statements (23 Nov 2010)
Brian Lenihan Jnr: Correct.