Results 26,241-26,260 of 35,894 for speaker:Pearse Doherty
- Committee of Inquiry into the Banking Crisis: Context Phase (11 Feb 2015)
Pearse Doherty: Deputy John Paul Phelan spoke about the funding of ESRI research by Permanent TSB. Did Nationwide UK also fund ongoing research? Did the Irish Banking Federation, NAMA and AIB fund research? If that is the case, what proportion of research is funded by financial institutions? Does Professor FitzGerald believe there could be any suggestion of capture as a result?
- Committee of Inquiry into the Banking Crisis: Context Phase (11 Feb 2015)
Pearse Doherty: While I appreciate that, am I right in saying that the tenth anniversary Permanent TSB report did not just present figures? It actually referred to soft landing commentary, which Permanent TSB then relied on to state that it supported the ESRI's position. It is not a case simply of presenting figures or not - or is it the contrary?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: ECOFIN Briefings: Minister for Finance (10 Feb 2015)
Pearse Doherty: Before I refer to the ECOFIN meeting, I would like to pick up on the last comment on the emergency Eurogroup meeting tomorrow. While none of us is aware of the Greeks' proposals, we are aware from what was said by the Greek Finance Minister that there will be firm proposals at the Eurogroup meeting tomorrow. We are also aware that the central demand is for a bridging programme and space to...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: ECOFIN Briefings: Minister for Finance (10 Feb 2015)
Pearse Doherty: I appreciate the Minister's comments, in particular, on having a sympathetic approach. On positions he has articulated which possibly come from others on fulfilling the outstanding conditions under the programme, is it the Government's position that the programme, as constructed, is not capable of working? We are talking about a programme that has added €240 billion of debt to the...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: ECOFIN Briefings: Minister for Finance (10 Feb 2015)
Pearse Doherty: We would all like to see it addressed. The Minister said he did not know what the Greek's proposals were. I am not sure I know what is the Government's position on the principles it will adopt. I put it to the Minister and without second-guessing-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: ECOFIN Briefings: Minister for Finance (10 Feb 2015)
Pearse Doherty: Both positions are the same as those being articulated by the Greek Government, but I am not sure how far the Irish position is from the specifics-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: ECOFIN Briefings: Minister for Finance (10 Feb 2015)
Pearse Doherty: They have made a public call for time, in the context of what was a genuine democratic revolution, to allow the new Greek Government to negotiate on behalf of its citizens. Without second-guessing the views of citizens across the State, I genuinely believe the vast majority of them would support allowing the Greek people time. The Minister is right to point out that there is a humanitarian...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: ECOFIN Briefings: Minister for Finance (10 Feb 2015)
Pearse Doherty: As must other member states, including Ireland, which at ECOFIN decided time and again that this was the type of programme that would be foisted on Greece which was put in a corner and running out of money. It was about loading €240 billion of debt onto the economy. I do not think any economist believes - the Minister can ask the economist sitting beside him - Greece can pay back...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: ECOFIN Briefings: Minister for Finance (10 Feb 2015)
Pearse Doherty: In terms of our EUROSTAT accountancy statistics and so on, will it be counted as Government expenditure?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: ECOFIN Briefings: Minister for Finance (10 Feb 2015)
Pearse Doherty: That does not apply to Ireland.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: ECOFIN Briefings: Minister for Finance (10 Feb 2015)
Pearse Doherty: The position in Ireland is-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: ECOFIN Briefings: Minister for Finance (10 Feb 2015)
Pearse Doherty: Is the Minister suggesting negotiations on the expenditure ceilings are ongoing? Otherwise, the Government will not be able to invest using the Juncker moneys given the expenditure ceilings imposed on the State.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: ECOFIN Briefings: Minister for Finance (10 Feb 2015)
Pearse Doherty: How could that be done?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: ECOFIN Briefings: Minister for Finance (10 Feb 2015)
Pearse Doherty: There are negotiations taking place. I would like to clarify the issue which we discussed a couple of weeks ago. We cannot benefit from the investment clause at this time. Therefore, unless leeway is provided, we will be restricted in this investment by the expenditure ceilings.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: ECOFIN Briefings: Minister for Finance (10 Feb 2015)
Pearse Doherty: Will there be white smoke tomorrow, or is this a long-term issue?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: ECOFIN Briefings: Minister for Finance (10 Feb 2015)
Pearse Doherty: I thank the Minister.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: ECOFIN Briefings: Minister for Finance (10 Feb 2015)
Pearse Doherty: I wish to make a point. When you have an issue of insolvency, what must be done is to restructure or write down the debt. The Minister has just taken one of the solutions off the table. I think the Minister should go into the meeting tomorrow with an open mind.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: ECOFIN Briefings: Minister for Finance (10 Feb 2015)
Pearse Doherty: I understand, but the Minister has made a write-down a red-line issue. I think that is a mistake in an insolvency situation, because the second red-line issue is whether Greece stays in the eurozone. There is a real danger that other partners in Europe could force a situation in which it is impossible for Greece to stay in the eurozone despite the commitment of its Government to stay. If...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: ECOFIN Briefings: Minister for Finance (10 Feb 2015)
Pearse Doherty: Ireland was the only member state in Europe that did not provide costs for each proposal. They were not assessed centrally; they were just lists coming from Departments. We acknowledge and understand this, but has there been any central assessment of the proposals?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: ECOFIN Briefings: Minister for Finance (10 Feb 2015)
Pearse Doherty: Are we the only country in Europe not to publish the costings? Is there no commercial sensitivity across the rest of the European Union?