Results 22,621-22,640 of 35,889 for speaker:Pearse Doherty

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (Miscellaneous Provisions) Bill 2015: Committee Stage (3 Nov 2015)

Pearse Doherty: I thank the Minister, that is fair enough.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (Miscellaneous Provisions) Bill 2015: Committee Stage (3 Nov 2015)

Pearse Doherty: I thank the Acting Chairman.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (Miscellaneous Provisions) Bill 2015: Committee Stage (3 Nov 2015)

Pearse Doherty: I have an issue with this amendment. I know we are talking about scenarios where there is enough money in the fund, but imagine a scenario where a bank gets into trouble and the Central Bank needs to provide that fund to them and there is not enough in the fund to cover it. The amendment means that regardless of the state of the Exchequer it has to pay that money within two weeks. I know...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (Miscellaneous Provisions) Bill 2015: Committee Stage (3 Nov 2015)

Pearse Doherty: I understand what the Minister is saying in terms of the risk being small but it is risk the Central Bank is not going to take. Indeed, the bank is willing for that risk to be placed on the shoulders of the taxpayers. That is something with which I cannot agree. It goes against the spirit of the thing, even though what we are discussing does not complete the commitment made to break the...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (Miscellaneous Provisions) Bill 2015: Committee Stage (3 Nov 2015)

Pearse Doherty: How will this impact on the other rules in terms of the fiscal treaty? How does it work in the context of expenditure benchmarks and all of those types of rules? For example, if this were to arise this month and there was a call of €500 million that had to be repaid from the Central Fund to the Central Bank because of a payment, what would happen in relation to budgetary arithmetic...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (Miscellaneous Provisions) Bill 2015: Committee Stage (3 Nov 2015)

Pearse Doherty: To-----

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (Miscellaneous Provisions) Bill 2015: Committee Stage (3 Nov 2015)

Pearse Doherty: This is serious stuff. These are the things that in ten years' time will be the subject of arguments as to why we did not tease them out in greater detail. With respect, there are a lot of amendments on which I will not be passing many remarks. However, this one is important because it is about the State financing banks that have got into trouble. History has taught us that we need to pay...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (Miscellaneous Provisions) Bill 2015: Committee Stage (3 Nov 2015)

Pearse Doherty: In relation to the ECB, I have mentioned that there were conversations and discussions going on, but is this really monetary finance? The Central Bank would get its money back from the fund in any event and it is just a case of who has to put up with the pain until the fund reaches a point where it can pay for any outlays that have been made. The Central Bank has involved itself in some of...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (Miscellaneous Provisions) Bill 2015: Committee Stage (3 Nov 2015)

Pearse Doherty: The Attorney General had already approved the legislation with "with the approval of the Minister" in it. The Attorney General's view, I assume, is that it was legal under Irish and European law. The issue here is that the Central Bank does not want to take the risk and the Government has jumped.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (Miscellaneous Provisions) Bill 2015: Committee Stage (3 Nov 2015)

Pearse Doherty: My question is on amendment No. 17. What effect will this directive have on existing insurance companies that do not fall under the new regime? How does the new regime differ from the current regime?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (Miscellaneous Provisions) Bill 2015: Committee Stage (3 Nov 2015)

Pearse Doherty: Does that mean the situation continues exactly as it was?

Leaders' Questions (3 Nov 2015)

Pearse Doherty: I asked the Taoiseach a direct question and he has been waffling about contingency plans. I made the point that it is not about the contingency plans. We already know that such plans were drafted. We questioned Professor Honohan on the contingency plans at the banking inquiry. The specific question is the Taoiseach's claims, made at Fine Gael fund-raisers, at his colleagues' meeting of...

Leaders' Questions (3 Nov 2015)

Pearse Doherty: Did the Governor issue the warning? That is the question.

Leaders' Questions (3 Nov 2015)

Pearse Doherty: So the Taoiseach was spoofing.

Leaders' Questions (3 Nov 2015)

Pearse Doherty: He was spoofing. Professor Honohan never said this to him. He has misled the Dáil, the EPP and the people who are contributing to Fine Gael.

Leaders' Questions (3 Nov 2015)

Pearse Doherty: On three separate occasions the Taoiseach has claimed the Government was on the brink of deploying troops onto the streets and introducing capital controls. He told a Fine Gael fundraiser in October, "The head of the Central Bank came in on a Wednesday and said, I have to tell you Taoiseach that it is probably likely that you will have to put the Army around the ATM machines on Friday. We...

Written Answers — Department of An Taoiseach: Departmental Budgets (3 Nov 2015)

Pearse Doherty: 150. To ask the Taoiseach the total estimated expenditure of his Department in 2015, in tabular form; the budget for expenditure agreed at the start of the year for 2015; the extra expenditure or savings in this budget during the year to date; when and under what process this expenditure and these savings were approved; and his Department's budget for expenditure in 2016. [37269/15]

Written Answers — Department of An Taoiseach: Lansdowne Road Agreement (3 Nov 2015)

Pearse Doherty: 151. To ask the Taoiseach the allocation for his Department in 2016 which covers the Lansdowne Road agreement; and the demographic or other inflationary pressures. [37285/15]

Written Answers — Department of Social Protection: Departmental Budgets (3 Nov 2015)

Pearse Doherty: 164. To ask the Tánaiste and Minister for Social Protection the total estimated expenditure of her Department in 2015 in tabular form; the budget for expenditure agreed at the start of the year for 2015; the extra expenditure or savings in this budget during the year to date; when and under what process this expenditure and these savings were approved; and her Department's budget for...

Written Answers — Department of Social Protection: Lansdowne Road Agreement (3 Nov 2015)

Pearse Doherty: 165. To ask the Tánaiste and Minister for Social Protection the allocation for her Department in 2016 which covers the Lansdowne Road agreement; and the demographic or other inflationary pressures. [37284/15]