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Bank Guarantee Scheme (22 Mar 2012)

Michael McGrath: I thank the Minister for his reply and I understand he feels somewhat constrained in putting further information into the public domain but there are certain things he can confirm. Can he confirm that the deal, which he outlined last night, is in effect a stepping stone towards an overall deal rather than a deal on a stand-alone basis, in other words, that he is trying to park the 2012...

Bank Guarantee Scheme (22 Mar 2012)

Michael McGrath: Is the Minister hopeful of a deal before the end of the month?

Bank Guarantee Scheme (22 Mar 2012)

Michael McGrath: The Minister was not disappointed with today's meeting; he was not expecting an outcome from it.

Bank Guarantee Scheme (22 Mar 2012)

Michael McGrath: I thank the Minister for that.

Order of Business (22 Mar 2012)

Michael McGrath: I am sure the Tánaiste agrees with the importance of securing the viability of the credit union sector and the network of credit unions throughout the country. The Commission on Credit Unions was set up last year by the Government and issued its interim report late last year. The final report is due by the end of this month so will the Tánaiste advise the House if this deadline will be...

Written Answers — Pigmeat Sector: Pigmeat Sector (21 Mar 2012)

Michael McGrath: Question 32: To ask the Minister for Agriculture, Food and the Marine the proposals he has to assist the pig production sector in view of the particular difficulties affecting that sector; and if he will make a statement on the matter. [14625/12]

Written Answers — Special Educational Needs: Special Educational Needs (21 Mar 2012)

Michael McGrath: Question 120: To ask the Minister for Education and Skills the position regarding the withdrawal of special needs assistants posts from a special needs school (details supplied) in County Cork; and if he will make a statement on the matter. [15042/12]

Private Members' Business. European Stability Mechanism: Motion (21 Mar 2012)

Michael McGrath: I wish to share time with Deputies Billy Kelleher and Timmy Dooley.

Private Members' Business. European Stability Mechanism: Motion (21 Mar 2012)

Michael McGrath: I welcome the opportunity to make a brief contribution to the debate on the Private Members' motion tabled by the Sinn Féin Party. Fianna Fáil set out its position on the fiscal stability treaty in recent weeks. We have made it clear that while the treaty proposal does not represent an overall solution to the eurozone financial and debt crisis, on balance, it should be supported. Limited...

Written Answers — Promissory Notes: Promissory Notes (15 Mar 2012)

Michael McGrath: Question 13: To ask the Minister for Finance if he will confirm whether a restructuring of the IBRC promissory note would require approval from EU heads of Government; and if he will make a statement on the matter. [14825/12]

Written Answers — Credit Facilities: Credit Facilities (15 Mar 2012)

Michael McGrath: Question 14: To ask the Minister for Finance if he is concerned by the latest Bank Watch survey from the Irish Small and Medium Enterprises Association, ISME, which indicated that while demand for credit remains strong, a high level of refusal of credit is hampering the recovery of the economy; and if he will make a statement on the matter. [14826/12]

Written Answers — Tax Code: Tax Code (15 Mar 2012)

Michael McGrath: Question 15: To ask the Minister for Finance if he will be making a formal submission in response to the letter from nine EU member states seeking the introduction of a financial transactions tax; and if he will make a statement on the matter. [14827/12]

Written Answers — State Banking Sector: State Banking Sector (15 Mar 2012)

Michael McGrath: Question 16: To ask the Minister for Finance the projected cost of the redundancy scheme at AIB; the expected payroll saving; and if he will make a statement on the matter. [14828/12]

Written Answers — Financial Products: Financial Products (15 Mar 2012)

Michael McGrath: Question 17: To ask the Minister for Finance if he expects an improvement in the funding position of covered banks arising from the warehousing of tracker mortgages, resulting in a reduction in the standard variable rate chargeable by such institutions for residential mortgages. [14829/12]

Written Answers — European Stability Mechanism: European Stability Mechanism (15 Mar 2012)

Michael McGrath: Question 18: To ask the Minister for Finance the current position in regard to plans to increase the size of the European Stability Mechanism; and if he will make a statement on the matter. [14830/12]

Leaders' Questions (15 Mar 2012)

Michael McGrath: They did not say that during the general election campaign.

Banking Sector Regulation: Motion (Resumed) (14 Mar 2012)

Michael McGrath: I thank the Members of all parties and none for contributing to this debate. There are some key themes associated with my party's motion. The motion should not be objectionable in any way. It is designed to be constructive and to assist the Government in dealing with issues that clearly need to be dealt with. With regard to lending to SMEs, we have called for a very simple change. Instead...

Written Answers — Flood Relief: Flood Relief (14 Mar 2012)

Michael McGrath: Question 81: To ask the Minister for Public Expenditure and Reform the position regarding the Office of Public Works response to a flooding incident (details supplied) in County Meath; the measures that have taken place; and when other measures will take place to prevent recurrence. [14552/12]

Banking Sector Regulation: Motion (Resumed) (14 Mar 2012)

Michael McGrath: The longer they are not there, I will-----

Banking Sector Regulation: Motion (Resumed) (14 Mar 2012)

Michael McGrath: I call a quorum of the House.

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