Results 17,821-17,840 of 27,945 for speaker:Michael McGrath

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Property Loans (Project Glas) By Permanent TSB: Discussion (11 Oct 2018)

Michael McGrath: I seek clarification. Is a buy-to-let loan, which has been on interest only by agreement from the very beginning and no payment ever missed, classified as non-performing?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Property Loans (Project Glas) By Permanent TSB: Discussion (11 Oct 2018)

Michael McGrath: The point is that many of these family home mortgages will be fully repaid and are essentially being sold on as part of a bundle at a discount of 38% even though they will be fully repaid. That is the cream on the top of this transaction for the buyer, Start Mortgages. The perfectly good loans will be fully redeemed, fully repaid, and a discount of 38% is being applied in the aggregate.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Property Loans (Project Glas) By Permanent TSB: Discussion (11 Oct 2018)

Michael McGrath: What would Mr. Masding say to his loyal customers who have been making their best effort to pay their mortgage, have engaged, have entered into restructures and now find their loan sold from under their feet? They feel very aggrieved and feel it is very unfair and unnecessary. I would not understate the level of stress, anxiety and mental health issues this transaction is causing for a...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Property Loans (Project Glas) By Permanent TSB: Discussion (11 Oct 2018)

Michael McGrath: That is only for the duration of the agreement.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Property Loans (Project Glas) By Permanent TSB: Discussion (11 Oct 2018)

Michael McGrath: The consideration in price as opposed to the book value of the loan meant a 38% discount overall.

Written Answers — Department of Finance: VAT Rate Application (16 Oct 2018)

Michael McGrath: 165. To ask the Minister for Finance if he will address a matter raised in correspondence (details supplied) relating to the VAT treatment of food supplements; and if he will make a statement on the matter. [42262/18]

Written Answers — Department of Finance: Fiscal Data (16 Oct 2018)

Michael McGrath: 169. To ask the Minister for Finance the available fiscal stance after annual contributions to the rainy day fund each year to 2023 gross, that is, before pre-committed expenditure and demographics and so on and net, that is, after pre-committed expenditure and demographics and so on, based solely on the expenditure benchmark ignoring the MTO; the projected general Government balance and the...

Written Answers — Department of Finance: Fiscal Data (16 Oct 2018)

Michael McGrath: 170. To ask the Minister for Finance the available fiscal stance after annual contributions to the rainy day fund each year to 2023, gross, that is, before pre-committed expenditure and demographics and so on, if Ireland were to run a structural balance of -0.5%, that is, adhere solely with the MTO; the projected general Government balance and the structural Government balance in each of the...

Written Answers — Department of Finance: Fiscal Data (16 Oct 2018)

Michael McGrath: 171. To ask the Minister for Finance the available fiscal stance after annual contributions to the rainy day fund each year to 2023, gross, that is, before pre-committed expenditure and demographics and so on, if Ireland were to run a structural balance of 0%, that is, adhere solely with the MTO; the projected general Government balance and the structural Government balance in each of the...

Written Answers — Department of Finance: Fiscal Data (16 Oct 2018)

Michael McGrath: 172. To ask the Minister for Finance the available fiscal stance after annual contributions to the rainy day fund each year to 2023, gross, that is, before pre-committed expenditure and demographics and so on, if Ireland were to run a structural balance of 0.5%, that is, adhere solely with the MTO; the projected general Government balance and the structural Government balance in each of the...

Written Answers — Department of Finance: Budget 2019 (18 Oct 2018)

Michael McGrath: 111. To ask the Minister for Finance the expected Exchequer borrowing requirement for each of the years 2019 to 2023 based on the forecasts published in budget 2019; and if he will make a statement on the matter. [43075/18]

Written Answers — Department of Finance: Budget 2019 (18 Oct 2018)

Michael McGrath: 113. To ask the Minister for Finance the non-tax revenue for each year from 2018 to 2023 as outlined in tables 8 and 10 of the economic and fiscal outlook segment of the budget 2019 documents, in tabular form; and if he will make a statement on the matter. [43077/18]

Written Answers — Department of Finance: Budget 2019 (18 Oct 2018)

Michael McGrath: 114. To ask the Minister for Finance the capital receipts for each year from 2018 to 2023 as outlined in tables 8 and 10 of the economic and fiscal outlook segment of the budget 2019 documents in tabular form; and if he will make a statement on the matter. [43078/18]

Written Answers — Department of Finance: Budget 2019 (18 Oct 2018)

Michael McGrath: 115. To ask the Minister for Finance the capital resources for each year from 2018 to 2023 as outlined in tables 8 and 10 of the economic and fiscal outlook segment of the budget 2019 documents in tabular from; and if he will make a statement on the matter. [43079/18]

Written Answers — Department of Finance: Central Bank of Ireland Data (18 Oct 2018)

Michael McGrath: 107. To ask the Minister for Finance the reason the Central Bank no longer publishes data on liability Irish risk insurance business net underwriting revenue accounts for the year; his views on whether such data is vital for monitoring the insurance industry when it comes to liability insurance; if this data is gathered and published elsewhere; the way in which the Central Bank proposes to...

Written Answers — Department of Finance: Central Statistics Office Reports (18 Oct 2018)

Michael McGrath: 108. To ask the Minister for Finance the progress of the report on the development of the business insurance price index by the CSO as recommended by the Cost of Insurance Working Group; when the report will be published; when such an index will be up and running; and if he will make a statement on the matter. [43072/18]

Written Answers — Department of Finance: Insurance Industry Regulation (18 Oct 2018)

Michael McGrath: 109. To ask the Minister for Finance if it is planned for the national claims information database to focus solely on motor insurance claims; if it will include claims that fall under employer and public liability insurance; and if he will make a statement on the matter. [43073/18]

Written Answers — Department of Finance: Public Liability Insurance (18 Oct 2018)

Michael McGrath: 110. To ask the Minister for Finance when the key information report will be published on employer and public liability insurance claims (details supplied); and if he will make a statement on the matter. [43074/18]

Written Answers — Department of Finance: Government Expenditure (18 Oct 2018)

Michael McGrath: 112. To ask the Minister for Finance the entities, funds and accounts that make up the general Government balance, for example, Exchequer, central fund ISIF and so on; the way in which the general Government balance of -€315 million for 2018 is arrived at; if he will provide a similar breakdown for each year up to 2023; and if he will make a statement on the matter. [43076/18]

Written Answers — Department of Health: Hospitals Funding (18 Oct 2018)

Michael McGrath: 205. To ask the Minister for Health the position with regard to a request for capital funding for a hospital project (details supplied); and if he will make a statement on the matter. [42798/18]