Results 27,221-27,240 of 31,374 for speaker:Eamon Ryan

Written Answers — Alternative Energy Projects: Alternative Energy Projects (9 Apr 2009)

Eamon Ryan: Applications for grid connections are made to ESB Networks and/or Eirgrid in the first instance. Data on grid connections has been published by the Commission for Energy Regulation (CER) as part of its consultation process on grid connections and additional information is published from time to time by Eirgrid. CER and Eirgrid have calculated that 5800 megawatts (MWs) of renewable capacity...

Written Answers — Telecommunications Services: Telecommunications Services (9 Apr 2009)

Eamon Ryan: Mobile network operators first launched mobile broadband services in European countries in 2007. Since its launch in Ireland in Quarter 2 2007, the demand for mobile broadband services has been growing steadily. The latest figures from the Commission for Communications Regulation show that over 25% of Irish broadband subscriptions are mobile subscriptions. The take up of mobile broadband...

Written Answers — Telecommunications Services: Telecommunications Services (9 Apr 2009)

Eamon Ryan: On 2 May 2007, my Department commenced the tender process for the National Broadband Scheme using the Competitive Dialogue Procurement procedure as set out in the European Communities (Award of Public Authorities' Contracts) Regulations 2006, which implemented Directive 2004/18/EC. The process comprised of a number of significant stages: o Prior Indicative Notice (PIN) was published on 30...

Written Answers — Broadcasting Services: Broadcasting Services (8 Apr 2009)

Eamon Ryan: The construction of commercial scale wind farms is subject to planning approval by the relevant Local Authority or An Bord Pleanála. The Department of the Environment Heritage and Local Government has published "Planning Guidelines for Windfarms" which includes provisions on avoiding interference with broadcast communications including television signals. Any complaint of interference with...

Financial Resolution No. 11: General (Resumed). (8 Apr 2009)

Eamon Ryan: I wish to share time with the Minister for Social and Family Affairs, Deputy Hanafin.

Financial Resolution No. 11: General (Resumed). (8 Apr 2009)

Eamon Ryan: It is important to understand the scale of the difficult issues we are facing. I wish to address briefly both of the crucial issues that had to be addressed in yesterday's supplementary budget - the public finance figures and the banking issue. It is important to get a basic understanding of the simple budgetary figures. It is projected that the State will have an income of between €33...

Financial Resolution No. 11: General (Resumed). (8 Apr 2009)

Eamon Ryan: One of the crucial elements of our approach is that it is fair. In a difficult economic situation, the first element of fairness must be a safety net. The most fundamental sign of a civilised society is that it ensures that those who fall through the cracks in difficult times, and may not be able to budget for their incomes, are caught by the social welfare safety net before they fall to...

Financial Resolution No. 11: General (Resumed). (8 Apr 2009)

Eamon Ryan: If we can manage the public finances and the banks properly, we will be strong, successful and prosperous once more. Our incomes will rise to meet the cost of social welfare payments. One of the crucial investments we have made in that regard involves the protection of strategic research and innovation projects, which will allow us to move up the knowledge society ladder. The protection of...

Financial Resolution No. 11: General (Resumed). (8 Apr 2009)

Eamon Ryan: I shall address the banking issue which formed a fundamental part of the announcements made by the Government today concerning the problem we have. In addition to the public finance figure details I set out, we have a bigger difficulty on the banking side. To offer a rough analysis, in 1990 we had approximately €30 billion in public debt, or Government borrowing, and approximately €20...

Financial Resolution No. 11: General (Resumed). (8 Apr 2009)

Eamon Ryan: It would be so easy, and with great piety, for us to wash our hands and walk away saying this has nothing to do with us and let the situation crash.

Financial Resolution No. 11: General (Resumed). (8 Apr 2009)

Eamon Ryan: It was far better to make that call. This was a call with which we were intrinsically involved, not only on the night in question but in the days leading up to it because we saw in advance what was happening and what needed to be done. However, the issue of deposits and the keeping of liquidity in our economy was only one side of the balance sheet. The other side must be addressed, namely,...

Financial Resolution No. 11: General (Resumed). (8 Apr 2009)

Eamon Ryan: We have a fundamental issue-----

Financial Resolution No. 11: General (Resumed). (8 Apr 2009)

Eamon Ryan: -----and that is what we are dealing with. The scale of it is set out in the €80billion-€90 billion figure. To answer the questions that were put today, roughly one third of that is held outside the Republic but half of it would be in Northern Ireland. If we take the island of Ireland as our measure of home or abroad, roughly 15% to 20%, depending on the institution, is held outside the...

Financial Resolution No. 11: General (Resumed). (8 Apr 2009)

Eamon Ryan: The reality is that those assets must be managed. That is a book value and does not take into account the equity the developers might have had and, therefore, does not represent the full value even at the height of the property bubble. However, it must be recognised that those values are no longer real, that our banking system made fundamental mistakes and must address the loss.

Financial Resolution No. 11: General (Resumed). (8 Apr 2009)

Eamon Ryan: The alternative is that we leave every householder and every business in this country paying back over the next ten years as that situation-----

Financial Resolution No. 11: General (Resumed). (8 Apr 2009)

Eamon Ryan: -----slowly unravels. As sure as night follows day the banks-----

Financial Resolution No. 11: General (Resumed). (8 Apr 2009)

Eamon Ryan: -----would manage their situation by repairing their balance sheets through the Deputy's pocket, his bank statement, his bank charges.

Financial Resolution No. 11: General (Resumed). (8 Apr 2009)

Eamon Ryan: We are saying this is not the right approach.

Financial Resolution No. 11: General (Resumed). (8 Apr 2009)

Eamon Ryan: It would be remiss and wrong for us. It is easy to pay the political and popular game-----

Financial Resolution No. 11: General (Resumed). (8 Apr 2009)

Eamon Ryan: -----that one is bailing out the banks. Far from it. One is managing the situation to the betterment of the people in order that they do not lose their jobs and have to pay the banks-----