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Stability and the Budgetary Process: Motion (Resumed) (1 Dec 2010)

Kieran O'Donnell: We have an exclusive.

Stability and the Budgetary Process: Motion (Resumed) (1 Dec 2010)

Kieran O'Donnell: We have an exclusive.

Stability and the Budgetary Process: Motion (Resumed) (1 Dec 2010)

Kieran O'Donnell: The Leas-Cheann Comhairle might let me know when a minute remains to me. I support this straightforward motion. We are in the midst of the greatest defining moment in the history of this State since the achievement of independence. A sense of urgency is needed and Fine Gael has proposed that the Government would bring in the budget with immediate effect and would facilitate the passage of...

EU-IMF Programme for Ireland and National Recovery Plan 2011-14: Statements (Resumed) (1 Dec 2010)

Kieran O'Donnell: We received this EU-IMF programme of financial support for Ireland earlier this afternoon. I noted with interest last night that the Minister of State, Deputy Mansergh, said he was not aware of the details of this agreement. Now, however, he seems to be an authority on it. In one breath the Government is saying there was no political involvement, yet it seems to know everything about it....

Corporation Tax: Motion (Resumed) (24 Nov 2010)

Kieran O'Donnell: I am pleased to support this motion. The Government amendment is an amendment for the sake of it. It comprises a lot of words but says very little. The Government is looking for co-operation and yet our motion is very direct and is committed to the maintenance of the 12.5% rate of corporation tax as an indispensable tool for growth, job creation and economic recovery. There was no need...

Fiscal Policy (24 Nov 2010)

Kieran O'Donnell: I thank the Acting Chairman and welcome the Minister for Defence, Deputy Killeen, to the Chamber. The Minister is from County Clare and this issue is of specific relevance and importance to Shannon Airport and the wider mid-west region. The reason I raised this matter is Shannon Airport Authority launched its five-year plan today. It projects that it will increase its passenger numbers to...

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

Kieran O'Donnell: I would like to deal with a number of points raised on which the Minister might provide clarification. In the context of the review being carried out by the IMF of the balance sheets of the banks, will the Minister indicate what further recapitalisation he expects the banks will require? What are the amounts involved? Will the banks require more capital and will it come in the form of...

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

Kieran O'Donnell: The bulk of the corporation tax is due today. The information for income tax should be available and there is no reason to delay the budget until 7 December. If the Government's four-year plan, which is to be published tomorrow, has the 2011 budget as the first year, can I take it that the bulk of the measures in the budget have been discussed at Cabinet level? The Minister for...

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

Kieran O'Donnell: Will the Acting Chairman indulge us?

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

Kieran O'Donnell: We have no issue with a few minutes.

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

Kieran O'Donnell: That was spoken like a true constituency colleague.

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

Kieran O'Donnell: Can the Minister indicate the breakdown he anticipates between bank versus State borrowings from the fund? In addition, he might indicate the make-up of the funds from the various participants, such as Britain, Sweden, the IMF and the European Commission. Finally, with regard to the negotiations on a bank resolution scheme, the Minister might refer to his understanding on the differences...

Foreign Conflicts (18 Nov 2010)

Kieran O'Donnell: Question 6: To ask the Minister for Foreign Affairs if the EU are involved in any efforts to restart talks between Israel and Palestine and, if so, if he will supply an up to date report on the matter. [43297/10]

Irish Banking: Statements (18 Nov 2010)

Kieran O'Donnell: On that point, the Minister referred to the concern about an additional burden on the taxpayer. From his reply to Deputy Rabbitte, does he anticipate further investment in the banks will be such an additional burden? The Minister referred to a special resolution regime. A short time ago, he gave a commitment to the House that a special resolution regime for the banks was being prepared by...

Irish Banking: Statements (18 Nov 2010)

Kieran O'Donnell: I asked about the special resolution regime.

Irish Banking: Statements (18 Nov 2010)

Kieran O'Donnell: Professor Honohan believes it is going to happen.

Irish Banking: Statements (18 Nov 2010)

Kieran O'Donnell: He said that is what is going to happen.

Irish Banking: Statements (18 Nov 2010)

Kieran O'Donnell: A Memorandum of Understanding will come out of that.

Bank Guarantee Scheme: Motion (Resumed) (17 Nov 2010)

Kieran O'Donnell: This debate on the extension of the eligible liabilities guarantee scheme should not be taking place today. We should have a debate but the Minister for Finance should be here. We must establish exactly the position regarding the IMF, the European Commission and the ECB. I am unsure whether the men from Washington, Frankfurt and Brussels are coming here out of the goodness of their health...

Bank Guarantee Scheme: Motion (Resumed) (17 Nov 2010)

Kieran O'Donnell: The Taoiseach needs to come out and say that. He has not done so.

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