Results 141-160 of 232 for nama speaker:Joan Burton

Meeting of Ministers for Finance of the Eurogroup: Statements (23 Nov 2010)

Joan Burton: We do not have to draw down all of the funding but the worst thing in the world would be to negotiate an inadequate contingency. Then, as with the failed bank guarantee and the failed NAMA, we would have to creep back and look for more. At that point we really would be in a place from which it would be difficult to see a hopeful return.

National Asset Management Agency Bill 2009: From the Seanad (12 Nov 2009)

Joan Burton: ...as this is not relevant. What is relevant are the entities involved in these banks, the subsidiaries of these banks. The application must be to the Minister as stated in these sections and not to NAMA. I presume applications will be processed by NAMA but the Minister is the decision-maker in these sections. Unless the Minister is not as well-informed as I would have thought, I am sure...

National Asset Management Agency. (8 Jul 2009)

Joan Burton: Question 28: To ask the Minister for Finance the position with respect to the National Asset Management Agency legislation; if a valuation methodology for assets being transferred to NAMA has been agreed; if it has been approved by the EU; if the valuation methodology will imply a mark up on market price or a mark down on their book value; and if he will make a statement on the matter. ...

Financial Institutions Support Scheme. (8 Jul 2009)

Joan Burton: ...academic sphere. The same firms of lawyers and accountants seem to be acting for people in all parts of the process. One firm of lawyers acts for the Department of Finance, and is now acting for NAMA, and also acts for one of the covered institutions and was also quoted as an adviser to a consortium interested in buying into one of the banks. Similarly, one of the major accounting firms...

Written Answers — National Asset Management Agency: National Asset Management Agency (12 Oct 2010)

Joan Burton: Question 228: To ask the Minister for Finance the breakdown of the non-NAMA loan book of the soon-to-be-nationalised Allied Irish Banks by geography, by sector, by loan type (details supplied); the extent to which each of these segments of the bank's loan book are already subject to write-downs; the extent these loan books are in arrears; and if he will make a statement on the matter. ...

National Asset Management Agency Bill 2009: Second Stage (16 Sep 2009)

Joan Burton: ...has not clarified this, that rolled up interest is generally thought to have occurred in the last two or three years. If developers end up securing an interest holiday for some years under NAMA, that alone could be worth another substantial sum of several billions to them. Moreover, when the judges were looking at-----

Finance Bill 2010: Second Stage (9 Feb 2010)

Joan Burton: ...banks' reluctance to lend was confirmed in today's survey conducted by the Professional Insurance Brokers Association, just as by the many people who were in contact with me during the past year. NAMA was a €54 billion gamble that was supposed to turn on the tap of free flowing credit. I told the Minister at the time that it would never work. Clearly, the IMF told him at the time that...

Other Questions: Rent Supplement Scheme Administration (16 Apr 2014)

Joan Burton: .... I wish to reply to Deputy Wallace. The Deputy has made a significant point, which I will bring to the attention of my colleagues in government, specifically the Minister for Finance, as well as NAMA and the Minister for the Environment, Community and Local Government. It is an interesting observation and I will have it examined - with due respect to Deputy Wallace, if his colleague...

National Asset Management Agency Bill 2009: From the Seanad (12 Nov 2009)

Joan Burton: ...done "subject to any prohibition in any applicable law". Under the legislation, Allied Irish Banks, Bank of Ireland, Anglo Irish Bank and Irish Nationwide Building Society will transfer loans to NAMA. Anglo Irish Bank and INBS will account for €34 billion of the €54 billion being transferred.

Social Welfare Benefits (23 Nov 2011)

Joan Burton: Discussions have been taking place, particularly involving the former Minister of State, Deputy Penrose, with NAMA in regard to utilising NAMA properties, where appropriate, for housing solutions and the social dividend to which the Deputy refers. Obviously, these are very difficult issues. I have spoken with and met the local authority managers in this regard. There is a series of...

Order of Business (23 Sep 2009)

Joan Burton: ...What is its status? Does the Government have proposals in respect of those who are occupying existing managed apartments and estates? On foot of the crash in the property market and the advent of NAMA, tens of thousands of young couples are living in managed estates and apartment blocks who are subject to management companies but who have no legal recourse.

National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)

Joan Burton: ...money going into Bank of Ireland and Allied Irish Banks is different because they are high street operators in every town and county in Ireland. Related to that is another issue which the people in NAMA will have to consider. The fee package of €240 million a year is largely going to go, inevitably, into the Dublin region. If the Minister is talking about spending that kind of money,...

Written Answers — Financial Institutions Support Scheme: Financial Institutions Support Scheme (16 Feb 2010)

Joan Burton: ...and officials of the International Monetary Fund who are set to join the National Assets Management Agency Board of Directors in May 2010, in which the IMF states that they did not believe that NAMA will result in a significant increase in bank lending here; his views on this assessment; and if he will make a statement on the matter. [7601/10]

Order of Business (22 Apr 2009)

Joan Burton: The Bill on the NAMA does not make it to section A of the Government legislation programme. It is on the C list, although the Taoiseach indicated it had some level of priority. The C list is a bit like former Ministers of State who were let go. It tends to be slow progress to get to the C list. What are the Government's intentions? In the reports published around the world of rescues for...

Order of Business (22 Sep 2009)

Joan Burton: I want to ask the Tánaiste about two matters. On the day the NAMA details were announced, we also received details of a proposed extension of the bank guarantee scheme for five-year periods indefinitely. This scheme, which the Minister for Finance has put before the House, is momentous. Does the Government intend to allow for a separate debate on the proposed extension of the scheme,...

Pre-budget Outlook: Statements (17 Nov 2009)

Joan Burton: ...the €3.8 billion allocation to Anglo Irish Bank the deficit would have been far closer to the April target and we might be beginning to see some progress and stabilisation. To escape from the NAMA hangover, I have been reading the memoirs of Deputy Bertie Ahern.

National Asset Management Agency Bill 2009: From the Seanad (12 Nov 2009)

Joan Burton: .... More and more hotels were built, driven by the tax breaks, to the extent where there is now a very significant surplus of hotel rooms. There is almost a proposal in Dr. Bacon's report of a NAMA-style process for hotels. Deputy Mulcahy should note that NAMA for hotels and accelerated tax breaks for hotels stands in marked contrast to the experience of homeowners facing repossession, who...

Order of Business (1 Oct 2015)

Joan Burton: ...arise in certain local authorities in terms of whether certain accommodation is acceptable to them. I am not familiar with the detail of the development which the Deputy identified, but it is NAMA's objective, in particular where there are houses and apartments in urban areas where the level of demand is high but it is a bit more difficult in more remote rural areas. In urban areas where...

Order of Business (31 Mar 2010)

Joan Burton: ...number of unresolved issues. The Labour Party was only given short briefings an hour or two before the announcements yesterday. During the Minister's speech we were given the blue book about NAMA, but there are very many unresolved issues in it, including the valuations attached to what are described as investments and hotels which were not dealt with in the statements yesterday. People...

Order of Business (23 Jun 2009)

Joan Burton: I object to the way this Bill is being taken. The leader of the Labour Party has set out our concerns about the section of the Bill dealing with NAMA and the guarantee. In effect, it enables the establishment of NAMA and loans to be transferred at what will probably be very cheap prices. However, other parts of the Bill seriously deserve detailed scrutiny. Only in the past hour and a half...