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Economic and Monetary Union (15 Nov 2011)

Pearse Doherty: I thank the Minister for his reply. The Minister regards this as a hypothetical situation and he does not wish to add to it but none of us wants to see the collapse of the eurozone or of the euro. However, we need to realise that decisive action must be taken that is different from the current type of action. The eurozone is like the Titanic and the damage is so great that unless it is...

Economic and Monetary Union (15 Nov 2011)

Pearse Doherty: I wish the Minister would answer the question. He spoke of being wrongly quoted. Nobody claims that France and Germany are planning the demise of the euro. That is ridiculous. No European leader wants that. However, other finance Ministers are taking action. I again quote the finance Minister of Germany-----

Economic and Monetary Union (15 Nov 2011)

Pearse Doherty: -----to the effect that it would be a horrible government that did not make such plans. Those countries have got their act together - have we? Are we developing contingency plans for the eventual break-up of the euro, something I am sure nobody throughout Europe wants to see? However, it could happen and we would be a horrible Government if we did not prepare for the impact on our citizens...

Economic and Monetary Union (15 Nov 2011)

Pearse Doherty: The Minister should answer the question.

Economic and Monetary Union (15 Nov 2011)

Pearse Doherty: We have great structures as a result of those treaties.

Economic and Monetary Union (15 Nov 2011)

Pearse Doherty: He said he has contingency plans for the break-up of the euro.

Financial Services Regulation (15 Nov 2011)

Pearse Doherty: When representatives of Bank of Ireland were before the economic governmental team, were they asked how much of an additional profit they would make by not passing the ECB interest rate reduction onto their mortgage customers? By how many millions of euro will the bank, and, therefore, its shareholders, be more profitable? Has the Government written to Permanent TSB, which is charging the...

Fiscal Policy (15 Nov 2011)

Pearse Doherty: In regard to the proposals from the fiscal advisory council on the scale of the adjustment, I agree that a reduction to 1% by 2015 is not a path that should be followed. However, this time last year the previous Government suggested an adjustment which has grown over 12 months by €2.6 billion. It went from €9.8 billion to €11.8 billion to €12.4 billion. It has grown by €2.6...

Social and Affordable Housing (15 Nov 2011)

Pearse Doherty: That was an interesting question from Deputy Stanton. Does the Minister believe NAMA is fulfilling its legal requirement to contribute to the social development of the State? The agency is asked to contribute to the State's social development without a price benefit to it. It is not about the first offer to a local authority. I accept it has released some lands through which roads could...

Bank Guarantee Scheme (15 Nov 2011)

Pearse Doherty: Clearly the Minister did not get the chance to finish his contribution but I will read the Official Report on the overall level. I presume the detailed breakdown will be provided in that. What discussions have taken place between the Department of Finance, the ECB and the Governor of the Central Bank to have the ELA changed from two-week funding to long-term funding? It has been claimed...

Bank Guarantee Scheme (15 Nov 2011)

Pearse Doherty: Has the new 12-month funding arrangement been extended to any Irish bank? If so, which banks have been able to avail of it? I understood these arrangements are not on offer to Irish banks.

Leaders' Questions (15 Nov 2011)

Pearse Doherty: There are no measures in place already.

Leaders' Questions (15 Nov 2011)

Pearse Doherty: There are commitments in the programme for Government, but-----

Leaders' Questions (15 Nov 2011)

Pearse Doherty: People expect the Government to act on their behalf. They did not elect Matthew Elderfield.

Written Answers — Financial Services Regulation: Financial Services Regulation (15 Nov 2011)

Pearse Doherty: Question 42: To ask the Minister for Finance if he is preparing legislation to force mortgage lenders to pass on ECB interest rate reductions to mortgage holders; if so, when the legislation will be published and brought before Dáil Éireann; and if he will make a statement on the matter. [34429/11]

Written Answers — European Central Bank: European Central Bank (15 Nov 2011)

Pearse Doherty: Question 72: To ask the Minister for Finance his position on the German Government party's proposal to amend the voting procedure on the European Central Bank board from one member one vote to a weighted voting system based on the member states capital share of the ECB; and if he will make a statement on the matter. [34430/11]

Written Answers — Fiscal Policy: Fiscal Policy (15 Nov 2011)

Pearse Doherty: Question 106: To ask the Minister for Finance the date on which he established a group to examine the issue of the Anglo Irish Bank promissory note; the membership of this group; the terms of reference of this group; if this group has reported back to him; and if so, if he will detail the contents of that report; and if he will make a statement on the matter. [34062/11]

Written Answers — Pension Provisions: Pension Provisions (15 Nov 2011)

Pearse Doherty: Question 149: To ask the Minister for Finance the value of the pension payment on an annual basis to the highest paid public sector pensioner in each of the public bodies under his remit and all public service pensioners not paid by the Office of the Paymaster General; the number in receipt of this level of pension and the total number in receipt of a pension in excess of €155,00 and in...

Written Answers — EU Funding: EU Funding (15 Nov 2011)

Pearse Doherty: Question 207: To ask the Minister for Education and Skills the name of the company which is administering the European Globalisation Fund funded programme for 9,000 workers made redundant in the NACE 41, construction of buildings, NACE 43 specialised construction activities, and NACE 71, architectural services, construction sub-sectors between 1 July 2009 and 31 March 2010; if this contract...

Written Answers — Grant Payments: Grant Payments (15 Nov 2011)

Pearse Doherty: Question 478: To ask the Minister for Agriculture, Food and the Marine the reason the single farm payment for 2011 has not been paid to a person (details supplied) in County Donegal; and if he will make a statement on the matter. [34038/11]

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