Results 1,581-1,600 of 49,836 for speaker:Stephen Donnelly

Leaders' Questions (25 Sep 2013)

Stephen Donnelly: I thank the Taoiseach for his reply. I am concerned that if we do not look at investing a chunk of the amount by which it looks like we are going to exceed the troika target, we will follow the path of Japan, which had a huge economic collapse and a huge property collapse. It followed a very conservative route of paying down household debt and gradually closing the deficit. It did some of...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)

Stephen Donnelly: I thank the Governor for coming before the joint committee. As always, he is showing openness in his interaction with us. The Governor noted in his opening statement that the early indications suggest this process is working. In my opinion, the contrary is the case and the process is not working, certainly not in the interests of the economic recovery of the country. We see a major...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)

Stephen Donnelly: Thank you, so the Central Bank has the power.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)

Stephen Donnelly: What is the Central Bank going to do about this banking lottery that is going on, where if one happens to be with Bank of Ireland, one is in trouble? However, if one happens to be with AIB, one is in less trouble. We have this banking lottery. What is the Central Bank going to do about the fact that now, a few months into the process, some banks are beginning to offer more sustainable...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)

Stephen Donnelly: My question was -----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)

Stephen Donnelly: My question is what is the Central Bank going to do to get that consistency.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)

Stephen Donnelly: My last question concerns sustainability. Two of the key words in the Governor's statement and in this process are "sustainable" and "affordable". If we ignore the pretend split mortgage from Bank of Ireland, the split mortgage in most cases looks at what happens if the household improves its financial situation. The bank will knock on the door every three years or so and say it wants half...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)

Stephen Donnelly: We know what it is, they came in and told us two weeks ago. On the basis that for many people it constitutes a 76% marginal tax rate, does Professor Honohan believe that is sustainable?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)

Stephen Donnelly: I understand. I am sorry to cut across the professor, but I have run out of time. My question is whether Professor Honohan accepts that the split mortgage as it has been described to us, which will constitute a 76% marginal tax rate, meets the Central Bank's requirements.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)

Stephen Donnelly: Do those versions include ones where the Government takes 52% -----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)

Stephen Donnelly: I want Professor Honohan to take the example the banks have told us they are using, which is that the bank will take 50% of the net additional income, constituting a 76% marginal tax rate.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)

Stephen Donnelly: I have just told Professor Honohan the circumstances.

Written Answers — Department of Children and Youth Affairs: Child Protection Services (26 Sep 2013)

Stephen Donnelly: 232. To ask the Minister for Children and Youth Affairs the further progress that has been made in implementing the recommendations of the report of the Independent Child Death Review Group since her replies of 28/03/2013 and 18/07/2013; the total number of social workers employed in Children and Family Support Services at present, and this number for each of the past five years; if and when...

Mortgage Restructuring Arrangement Bill 2013: Second Stage [Private Members] (1 Oct 2013)

Stephen Donnelly: I commend Deputy Joan Collins's proposal. The proposal would see the mortgages of insolvent borrowers written down to 110% of market value. This would be one specific solution within the new insolvency legislation and I want to illustrate for the House how this would work. For example, let us take two borrowers, both of whom are insolvent and with no chance of getting out of insolvency...

Written Answers — Department of Finance: IBRC Liquidation (1 Oct 2013)

Stephen Donnelly: 203. To ask the Minister for Finance if he intervened in the publication of Anglo Irish Bank's statement of affairs to ensure neither depositors nor borrowers were named as reported; if so, the reason for such an intervention; the legal ramifications of ministerial interventions to facilitate closure; and if he will make a statement on the matter. [40685/13]

Written Answers — Department of Social Protection: Civil Registration Legislation (1 Oct 2013)

Stephen Donnelly: 321. To ask the Minister for Social Protection if she will amend the Civil Registration Act 2004 to allow deaths to be registered in the absence of a medical certificate of cause of death, or on foot of a coroner's certificate, to specifically allow for deaths of unborn children to be registered; and if she will make a statement on the matter. [40430/13]

Written Answers — Department of Finance: Budget 2014 Issues (2 Oct 2013)

Stephen Donnelly: 129. To ask the Minister for Finance the current working estimate of the quantum of new net budgetary measures that would be required in budget 2014 to meet the troika target of 5.1% of GDP for 2014, and to provide the workings of that calculation, for example, GDP of €174 billion, then 5.1% implies general Government deficit of no more than €8.9 billion, 2013 estimated GGD is...

Leaders' Questions (3 Oct 2013)

Stephen Donnelly: On Tuesday the financial services firm Grant Thornton issued a report which analysed the last five austerity budgets and looked at the impact these budgets had had on Irish families. Among the findings are that Irish families are now paying, on average, double the amount in tax that they paid in 2008; that when Government cuts are taken into account such as, for example, cuts to child...

Leaders' Questions (3 Oct 2013)

Stephen Donnelly: This was not inevitable; it was a choice which, as I believe the Tánaiste will agree, was bad for everybody. It hammers those who have the least and slows the full economic recovery of the country. With the Government's third austerity budget just 12 days away, I ask the Tánaiste the following two questions. Will he commit that he will give Members of Dáil Éireann when...

Leaders' Questions (3 Oct 2013)

Stephen Donnelly: I was told never to expect an answer to any question I put during Leaders' Questions - so far, so good.