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Written Answers — Consultancy Contracts: Consultancy Contracts (5 Jul 2011)

Michael McGrath: Question 179: To ask the Minister for Finance if he will provide full details, including a breakdown by unit with the agency, of professional and consultancy fees incurred by the National Treasury Management Agency for each of the years 2008, 2009, 2010 and to date in 2011; and if he will make a statement on the matter. [18866/11]

Written Answers — Water Charges: Water Charges (5 Jul 2011)

Michael McGrath: Question 415: To ask the Minister for the Environment, Community and Local Government the position regarding plans to roll out domestic water meters around the country. [18307/11]

Written Answers — Grant Payments: Grant Payments (5 Jul 2011)

Michael McGrath: Question 629: To ask the Minister for Transport, Tourism and Sport if there are any funding streams or grant supports available for a purpose (details supplied). [18212/11]

Tax Code (5 Jul 2011)

Michael McGrath: The Minister opened up my supplementary question on the related issue of the base, changes to which could result in corporate profits currently taxed here being taxed in another European jurisdiction. What is the current position on these discussions? During the recent summit of the European Council, there were suggestions that the issue of the base was now the quid pro quo for a reduction...

Commercial Leases (5 Jul 2011)

Michael McGrath: Has the Government got legal advice to the effect that it is possible to remove this clause from existing leases? Has any assessment been done of the overall net impact to the State of removing the clause? While it would be very beneficial for tenants and retailers, there is also an impact on property values, financial institutions and NAMA.

Moneylender Regulation (5 Jul 2011)

Michael McGrath: It is clear from that report that the level of compliance among licensed moneylenders is quite good but the issue is the plethora of unlicensed moneylenders. There was a commitment in the programme for Government to regulate this area tightly. Perhaps the Minister might elaborate on what he had in mind in that regard. Is it to bring in new measures which would bring into the net many of...

Leaders' Questions (5 Jul 2011)

Michael McGrath: Is that the Taoiseach's answer?

Leaders' Questions (5 Jul 2011)

Michael McGrath: If that is all the Taoiseach can say to the people, God help us.

Leaders' Questions (5 Jul 2011)

Michael McGrath: Therefore, it is all the Labour Party's fault.

Leaders' Questions (5 Jul 2011)

Michael McGrath: It is a different show now.

Leaders' Questions (5 Jul 2011)

Michael McGrath: They are not guaranteed.

EU-IMF Programme (5 Jul 2011)

Michael McGrath: Question 28: To ask the Minister for Finance if he will provide details of the elements in the EU-IMF programme with Ireland that he intends to put on the agenda for renegotiation as part of the forthcoming quarterly review by the troika, EU-ECB-IMF; and his objectives in this regard. [18891/11]

EU-IMF Programme (5 Jul 2011)

Michael McGrath: I thank the Minister for his response. The purpose of the question was to establish whether there are particular items that the Minister has placed on the agenda for this week's visit by the troika. Does he wish to renegotiate issues in the current deal? The Minister has gone on record previously as saying he believes this to be a bad deal for Ireland. The issues that were changed during...

EU-IMF Programme (5 Jul 2011)

Michael McGrath: Everyone accepts that there is no difficulty in making changes which are fiscally neutral. The troika will not have a difficulty with this. However, the Minister is on record since November last as saying this is a bad deal for Ireland. The question now is how does he intend to improve what he regards as a bad deal for Ireland. The changes made which I have summarised do not reduce in any...

EU-IMF Programme (5 Jul 2011)

Michael McGrath: That was in the original deal.

EU-IMF Programme (5 Jul 2011)

Michael McGrath: Question 31: To ask the Minister for Finance if he has received any indication that the Troika, EU/ECB/IMF, will require Ireland to achieve a fiscal correction of greater that €3.6 billion in 2012; and his views on whether this is still the appropriate figure in view of all available economic and fiscal data. [18892/11]

EU-IMF Programme (5 Jul 2011)

Michael McGrath: Clearly the precise mixture of the elements in December's budget will not be decided until closer to the time. However, the key question is whether it is the mixture of elements or the overall figure that is subject to review between now and then. Rightly or wrongly, the Minister has considerably narrowed the options available to him in the preparation of that budget.

EU-IMF Programme (5 Jul 2011)

Michael McGrath: On the spending side he has removed social welfare completely and public sector pay is dealt with through the Croke Park agreement. On the taxation side-----

EU-IMF Programme (5 Jul 2011)

Michael McGrath: -----corporation tax is not touchable, income tax changes will not happen, VAT policy is set in stone and so forth. Is it the make-up of the €3.6 billion that is subject to review depending on the economic data available at the time or is the figure itself open to review between now and then?

EU-IMF Programme (5 Jul 2011)

Michael McGrath: If I interpret the Minister correctly, he is saying the percentage deficit must be achieved and that, therefore, will determine the exact monetary amount of the adjustment to be introduced in the budget for 2012. If there is slippage in economic growth figures during the remainder of this year, that figure of €3.6 may increase significantly if we are still to come within the deficit of...

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