Results 15,641-15,660 of 16,537 for speaker:Brian Lenihan Jnr

Written Answers — State Savings Products: State Savings Products (30 Nov 2010)

Brian Lenihan Jnr: An Post acts as agent for the National Treasury Management Agency in accepting money for State savings products. All State savings are paid directly to the Exchequer. The repayment of State savings is a direct, unconditional obligation on the Government and the Government will honour this obligation in full.

Written Answers — Fiscal Policy: Fiscal Policy (30 Nov 2010)

Brian Lenihan Jnr: In the relatively short timeframe involved, officials from all Divisions of my Department together with other relevant Departments, the Central Bank, the NTMA and the Office of the Attorney General have been involved in the discussions with the EU, ECB and IMF authorities which culminated in the agreement of Eurogroup and ECOFIN Ministers on 28 November 2010 to grant financial assistance to...

Written Answers — EU Funding: EU Funding (30 Nov 2010)

Brian Lenihan Jnr: Eurogroup and ECOFIN Ministers agreed on 28 November 2010 on a package of financial assistance to Ireland in the context of a joint EU-IMF Programme and against the background of safeguarding financial stability in the EU and the euro area as a whole. As set out in the statement issued by the Eurogroup and ECOFIN Ministers on 28 November 2010, the financial assistance includes provision for...

Written Answers — Employment Levels: Employment Levels (30 Nov 2010)

Brian Lenihan Jnr: The Department of Finance does not produce an end of year forecast for employment numbers. The forecast is for an average of the full year, which is in line with the approach of the majority of others who produce forecasts. The forecasts for the average nominal number of individuals in employment for 2010 to 2014 are provided in the table. Year Employment (000s) 2010 1,851 2011 1,848...

Written Answers — Tax Collection: Tax Collection (30 Nov 2010)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that airline companies are liable to air travel tax only in respect of passengers who depart on their flights from relevant Irish airports. If an airline company charges an intending passenger an amount corresponding to the air travel tax that would be payable by the airline company in respect of that person's departure and that person does not make...

Written Answers — Departmental Agencies: Departmental Agencies (30 Nov 2010)

Brian Lenihan Jnr: I propose to take Questions Nos. 121 and 130 together. The following table A provides a breakdown of Non-commercial State Agency (NCSA) staffing for the end of 2008, 2009 and the end of the third quarter this year by Ministerial Vote Group. Table A also sets out the indicative NCSA ceilings by Ministerial Vote Group, consistent with the National Recovery Plan. I am not in a position to...

Written Answers — Tax Collection: Tax Collection (30 Nov 2010)

Brian Lenihan Jnr: Recent media reports have suggested that some multinational companies pay Irish corporation tax at rates that are significantly lower than 12.5%. The reports concerned appear to have incorrectly attributed to Ireland profits that represent the return due to assets owned in other jurisdictions by associated companies resident in those foreign jurisdictions. Companies resident in Ireland pay...

Written Answers — Banking Sector Regulation: Banking Sector Regulation (30 Nov 2010)

Brian Lenihan Jnr: As indicated in my Statement on 30 September last, Irish Nationwide Building Society does not have a future as a stand alone entity and will have to be sold or amalgamated. One option being explored is whether there is merit in using the Anglo Irish Asset Recovery institution to work out the assets of the Society. This issue will be finalised in the context of submitting a revised...

Written Answers — National Recovery Plan: National Recovery Plan (30 Nov 2010)

Brian Lenihan Jnr: The Government's National Recovery Plan 2011-2014 was drafted by my Department, with input from various other Government Departments. The Plan was approved by Government. Following approval by Government, the Plan was shared with representatives from the EU Commission, the ECB and the IMF. I would like to remind the House that the programme of external assistance that we have just agreed with...

Written Answers — National Recovery Plan: National Recovery Plan (30 Nov 2010)

Brian Lenihan Jnr: The forecasts underpinning the National Recovery Plan were compiled in the normal manner that is employed on an annual basis for the Budget and Stability Programme Update. In order to complete the forecasts, the external environment is firstly assessed to compile the export forecasts. The outlook for domestic demand is then assessed taking into account the various budgetary measures....

Written Answers — Economic and Monetary Union: Economic and Monetary Union (30 Nov 2010)

Brian Lenihan Jnr: I attend meetings of the Eurogroup and Ecofin, which comprise the Finance Ministers of the Euro area and the EU respectively, together with the European Commission and the European Central Bank (ECB). It is a priority of the Eurogroup, ECOFIN and the European Council (EC) to ensure the financial stability of the Euro area and the EU as a whole. I can assure the Deputy that the supportive...

Written Answers — Official Engagements: Official Engagements (30 Nov 2010)

Brian Lenihan Jnr: Since Chancellor Osborne has taken up his duties, I have met him at various EU and other international meetings. Specifically, I met with him at the ECOFIN Council in Brussels on 17th November 2010. On that occasion and in subsequent telephone contact, he expressed his willingness to be supportive of Ireland. In his statement to the House of Commons on 22nd November 2010, he also made it...

Written Answers — Public Service Staff: Public Service Staff (30 Nov 2010)

Brian Lenihan Jnr: The National Recovery Plan states that there will be a cumulative reduction in public service numbers by the end of 2014 of 24,750 since the end of 2008, bringing the total number of public servants to 294,700, a level first exceeded during 2006. The Plan further states, on Page 63, that the end-September 2010 public service numbers are 307,500 on a whole-time equivalent basis. The end-2014...

Written Answers — Proposed Legislation: Proposed Legislation (30 Nov 2010)

Brian Lenihan Jnr: I understand that the Report of the Global Irish Economic Forum was published by the Minister for Foreign Affairs on 13 October 2009 and that an Inter-Departmental Committee of senior officials, chaired by the Secretary General to the Government, are considering how to take forward the recommendations contained in the Report. The Department of Foreign Affairs published a first progress...

Written Answers — Insurance Industry: Insurance Industry (30 Nov 2010)

Brian Lenihan Jnr: The decision regarding the recommencement of commercial insurance in the UK and Northern Ireland by Quinn Insurance Ltd (QIL) is a matter for the Central Bank of Ireland in respect of which it is independent in the performance of its functions. I have been informed by the Central Bank that it gave serious consideration to this issue including a detailed review of proposals by the...

EU-IMF Programme for Ireland and National Recovery Plan 2011-14: Statements (Resumed) (1 Dec 2010)

Brian Lenihan Jnr: I wish to inform the House that I am circulating to Members the five documents which set out the policy conditions for the provision of financial support to Ireland by European Union member states and the International Monetary Fund. These documents underpin the three year programme of banking and economic measures on which we have now embarked. The documents are: the Memorandum of Economic...

EU-IMF Programme for Ireland and National Recovery Plan 2011-14: Statements (Resumed) (1 Dec 2010)

Brian Lenihan Jnr: There is none, as yet.

EU-IMF Programme for Ireland and National Recovery Plan 2011-14: Statements (Resumed) (1 Dec 2010)

Brian Lenihan Jnr: I play the piano in the asylum.

EU-IMF Programme for Ireland and National Recovery Plan 2011-14: Statements (Resumed) (1 Dec 2010)

Brian Lenihan Jnr: It was a 15-man band.

EU-IMF Programme for Ireland and National Recovery Plan 2011-14: Statements (Resumed) (1 Dec 2010)

Brian Lenihan Jnr: There was a full Government decision on all these matters.