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Ceisteanna - Questions (Resumed): Cabinet Committee Meetings (8 Oct 2013)

Peter Mathews: Does the Taoiseach realise that the Germans did not even know in January 2012 that the €75 billion of private sector loan losses on the Irish people would have equated in a German scale to €1.2 trillion in misplaced bank losses on the German people? The reality is that its banks are very fragile at the moment. For some of them their gearing is 50 times; Lehman Brothers was...

Ceisteanna - Questions (Resumed): Cabinet Committee Meetings (8 Oct 2013)

Peter Mathews: We saved Europe and we have got sweet damn all from Europe for it.

Ceisteanna - Questions (Resumed): Cabinet Committee Meetings (8 Oct 2013)

Peter Mathews: It is only a taster of it.

Ceisteanna - Questions (Resumed): Cabinet Committee Meetings (8 Oct 2013)

Peter Mathews: We have not asked for it.

Ceisteanna - Questions (Resumed): Cabinet Committee Meetings (8 Oct 2013)

Peter Mathews: He created the promissory note.

Ceisteanna - Questions (Resumed): Cabinet Committee Meetings (8 Oct 2013)

Peter Mathews: They have been bandaged, not restructured.

Ceisteanna - Questions (Resumed): Cabinet Committee Meetings (8 Oct 2013)

Peter Mathews: Does the Cabinet understand it?

Ceisteanna - Questions (Resumed): Cabinet Committee Meetings (8 Oct 2013)

Peter Mathews: It is not a SWAT; it is a combat team.

Ceisteanna - Questions (Resumed): Cabinet Committee Meetings (8 Oct 2013)

Peter Mathews: I have been struck by the two previous contributions and would like to join them together. I ask the Taoiseach to arrange a plenary session of his Cabinet every 21 days to examine in a comprehensive manner the overall situation that obtains. Two weeks ago, Mr. Sebastian Barnes of the Fiscal Advisory Council, in describing Ireland's sovereign or national debt position as a proportion of...

Ceisteanna - Questions (Resumed): Cabinet Committee Meetings (8 Oct 2013)

Peter Mathews: I ask the Taoiseach to convene a plenary Cabinet session to discuss these matters and to be advised, in an evidential way, about what is taking place at these levels. The Governor of the Central Bank, Professor Patrick Honohan, demonstrated that the banks do not have experienced visitation audit or inspection teams. If they had, we would know better what is going on in the banks but we do...

Written Answers — Department of Education and Skills: Pupil-Teacher Ratio (8 Oct 2013)

Peter Mathews: 109. To ask the Minister for Education and Skills his plans to address large school classes; and if he will make a statement on the matter. [42150/13]

Written Answers — Department of Education and Skills: Educational Disadvantage (8 Oct 2013)

Peter Mathews: 113. To ask the Minister for Education and Skills the steps he intends to take to address the increasing numbers of disadvantaged children within the education system in view of the significant reduction in funding to support such children; the psychological supports being provided to children from grossly indebted families; and if he will make a statement on the matter. [42143/13]

Written Answers — Department of Transport, Tourism and Sport: Parking Charges (8 Oct 2013)

Peter Mathews: 619. To ask the Minister for Transport, Tourism and Sport his views on the increase of 25% on parking fees at the Luas park and ride facility at a location (details supplied) in Dublin 14; the reasons for this sudden increase; if the 25% increase will be utilised to improve parking facilities at the park and ride; and if he will make a statement on the matter. [42327/13]

Written Answers — Department of Finance: Bank Debt Restructuring (3 Oct 2013)

Peter Mathews: 54. To ask the Minister for Finance the reason bank debt negotiated restructuring or bank debt negotiated write off was never sought or requested by the Government from the ECB, the euro system authorities and the EU; and if he will make a statement on the matter. [41486/13]

Written Answers — Department of Finance: European Central Bank Issues (3 Oct 2013)

Peter Mathews: 63. To ask the Minister for Finance if he has considered initiating judicial review proceedings at the European Court of Justice, under Statute Article 35.1 of the ECB Statute, insisting a full discovery of all the communications between Jean Claude Trichet, his executive directors and the German Government and the Central Bank and records of the ECB contacts, if there were any, with holders...

Written Answers — Department of Finance: Economic Policy (3 Oct 2013)

Peter Mathews: 95. To ask the Minister for Finance the bodies or persons with whom his Department has had contact in relation to the formation of economic programme 2020; and if he will make a statement on the matter. [41775/13]

Written Answers — Department of Education and Skills: Teaching Contracts (3 Oct 2013)

Peter Mathews: 96. To ask the Minister for Education and Skills if his Department has had discussions regarding to the changing of existing academic contracts in order to impose a mandatory contract hours element and if so, with whom; if this will distinguish between the university and the institute of technology sector; and if he will make a statement on the matter. [41693/13]

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Financial Transaction Tax: Discussion with Department of Finance (2 Oct 2013)

Peter Mathews: I thank our guests for attending and I apologise for my late arrival. I only had the opportunity to glance at the presentation so I am already on the back foot. I thank the Chairman for his indulgence and forbearance. Have Ireland's senior and technically conversant leaders in this area had an opportunity to engage in conversations with their counterparts from other member states in...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Financial Transaction Tax: Discussion with Department of Finance (2 Oct 2013)

Peter Mathews: I am doing so. I refer in this regard to the rehypothecation of financial securities. Are our guests aware that rehypothecation is happening four, five and six times and that the institutions dealing with these financial assets do not have a clue with regard to their liabilities? There are multiples of hundreds of billions involved here. This matter is not discussed and that gives rise to...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Financial Transaction Tax: Discussion with Department of Finance (2 Oct 2013)

Peter Mathews: Do our guests find my questions or my way of speaking off-putting? They can be honest. The Chair finds me off-putting.

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