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European Council Meeting: Statements (1 Feb 2012)

Richard Boyd Barrett: Before the last election Fine Gael and the Labour Party railed against the arrogance of the Fianna Fáil Government and promised more democracy and accountability, open government and to get Ireland working. Yet, one year on the Government is conspiring with EU leaders to deny people a vote on the treaty which will further and substantially dismantle democracy across Europe and lock the...

European Council Meeting: Statements (1 Feb 2012)

Richard Boyd Barrett: -----and antidemocratic. What will the next move be? Will we do away with elections altogether because the people do not understand what the sages on the other side of the House do? Let us be absolutely clear about the legal position, no matter how the Government twists and turns to try to get out of it. The treaty refers to permanent measures. Permanent means no government can change...

European Council Meeting: Statements (1 Feb 2012)

Richard Boyd Barrett: Put the people before the bankers and speculators. The Government should get our money back from them and invest in jobs and growth. If the Government will not listen to the people, the people had better start taking to the streets.

European Council Meeting: Statements (1 Feb 2012)

Richard Boyd Barrett: Well said.

European Council Meeting: Statements (1 Feb 2012)

Richard Boyd Barrett: Deputy Flanagan has not had a chance to speak. I will give way.

European Council Meeting: Statements (1 Feb 2012)

Richard Boyd Barrett: Will the Minister of State explain, given the targets of the EU-IMF programme, which require sucking huge amounts of money out of the economy up to 2015 with a further requirement to go beyond that to meet the targets in this treaty, how we will get growth and where that growth will come from? Will the Minister of State respond to the downgrading of growth projections for this economy and...

Economic Forecasting (1 Feb 2012)

Richard Boyd Barrett: Question 3: To ask the Minister for Finance if he will respond to the recent downgrading of growth projections by the IMF and others, for Ireland and the Eurozone economies; and if he will make a statement on the matter. [5893/12]

Economic Forecasting (1 Feb 2012)

Richard Boyd Barrett: The Minister's response is made up of "on the one hand this and on the other hand that" and the view that we should wait and see. I am calling on the Minister to respond to the alarming but accurate concerns expressed by a major international financial body, the IMF. It is a body that I do not have much time for and whose activities over the years have contributed substantially to the mess...

Economic Forecasting (1 Feb 2012)

Richard Boyd Barrett: Will the Minister explain it to me, please, because the economics of his outlook appear to defy gravity? If we continue to cut as required by the fiscal compact and the austerity programme will it not inevitably produce the same result that we have seen in recent months, that is, growth will continue to contract and we will enter a downward spiral? How can anything else happen if the...

Economic Forecasting (1 Feb 2012)

Richard Boyd Barrett: I am not interested in the fiscal target of 8.6%, I am interested in growth and jobs and that is what my question was about. The Minister should not deliberately misinterpret my question by referring to the Irish economy. I referred in particular to Christine Lagarde's comments about the entire eurozone. Ireland's growth projection is down, as is the case for Europe and Germany. Who will...

Economic Competitiveness (1 Feb 2012)

Richard Boyd Barrett: There are none in this House.

Banks Recapitalisation (1 Feb 2012)

Richard Boyd Barrett: Notwithstanding our significant differences on what should be done about paying off banks such as Anglo Irish Bank, bondholders and so forth, does the Minister agree that, in the context of seeking any relief on the debt burden, the Taoiseach's comments in Davos were stupid and reckless and undermined any moral credibility we have in seeking debt relief as he essentially stated we deserve...

Banks Recapitalisation (1 Feb 2012)

Richard Boyd Barrett: Did his comments not substantially undermine the Minister's negotiating position in seeking debt relief from our EU partners?

Banks Recapitalisation (1 Feb 2012)

Richard Boyd Barrett: Was his statement reckless?

Financial Transaction Tax (1 Feb 2012)

Richard Boyd Barrett: Like Deputy Doherty, I think it would be quite important to get some facts and debate this matter more fully. However, I want to give the Minister the opposite advice to that of Deputy Michael McGrath for him to consider, which is precisely the argument that was put in the German Bundestag by the German finance committee members. They made the point that the one lesson we must learn from...

Tax Code (1 Feb 2012)

Richard Boyd Barrett: Like DEIS schools.

Written Answers — EU-IMF Agreement: EU-IMF Agreement (1 Feb 2012)

Richard Boyd Barrett: Question 27: To ask the Minister for Finance if he will report on the views expressed last year by US Treasury Secretary Timothy Geithner on the issue of repaying senior and junior bondholders and his response to the question of whether the US Treasury Secretary, as previously reported, intervened to oppose proposals to impose a "haircut" on senior bondholders in the Irish banking system;...

Written Answers — Economic Growth: Economic Growth (1 Feb 2012)

Richard Boyd Barrett: Question 49: To ask the Minister for Finance his response to the recent downgrading of growth projections for the economy here and the wider European economy by the IMF and others; and if he will make a statement on the matter. [5609/12]

Written Answers — Flood Insurance: Flood Insurance (31 Jan 2012)

Richard Boyd Barrett: Question 155: To ask the Minister for Finance if he will fund a house insurance scheme for those who cannot access flood insurance due to repeated flooding; and if he will make a statement on the matter. [37693/11]

Written Answers — Eurozone Crisis: Eurozone Crisis (31 Jan 2012)

Richard Boyd Barrett: Question 156: To ask the Minister for Finance his views on the ESRI report which predicts that the economic crisis may reach the scale of the 1930s Depression; and if he will make a statement on the matter. [38669/11]

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