Results 27,301-27,320 of 35,959 for speaker:Pearse Doherty
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: European Stability Mechanism (Amendment) Bill 2014: Committee Stage (8 Oct 2014)
Pearse Doherty: We are well aware of the guideline.
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: European Stability Mechanism (Amendment) Bill 2014: Committee Stage (8 Oct 2014)
Pearse Doherty: The article refers to the "retroactive application of direct recapitalisation". We know what such recapitalisation means or we at least have a very good sense of it in terms of the structure and the point at which people step into the breach. It is very clear that the waterfall system is laid out in the guidelines. My original question was related to whether the retroactive application of...
- Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: European Stability Mechanism (Amendment) Bill 2014: Committee Stage (8 Oct 2014)
Pearse Doherty: I move amendment No. 1: In page 3, between lines 18 and 19, to insert the following:"2.The Minister for Finance shall lay before the Houses of the Oireachtas a report outlining how an application for retroactive recapitalisation of a financial institution would be processed by the Direct Recapitalisation Instrument.".These amendments had to be altered in the light of a direction from the...
- Order of Business (8 Oct 2014)
Pearse Doherty: The Government promised to introduce legislation on a mortgage guarantee scheme. That promise was contained in the Construction 2020 document. Under it, the State would guarantee 5% of the loan-value ratio of mortgages, allowing people to take out mortgages at a higher ratio. Given the Central Bank's announcement yesterday of a consultation process on people not taking out loans greater...
- Leaders' Questions (8 Oct 2014)
Pearse Doherty: The Taoiseach has had four years.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Budget 2015: Department of Finance (7 Oct 2014)
Pearse Doherty: Yes, but that is the point I am making. Six thousand net jobs - or 6,500, according to the figures we have - were created in the first six months of this year. If we are to believe what happened last year, 60,000 jobs were created in a year, yet only 6,500 were created in the first six months of this year. Is it the case that the 60,000 did not exist and the figure was a result of the way...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Budget 2015: Department of Finance (7 Oct 2014)
Pearse Doherty: Can I ask one more question?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Budget 2015: Department of Finance (7 Oct 2014)
Pearse Doherty: Is this the first time this exercise of looking at the accounts was undertaken or was it done in previous years?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Budget 2015: Department of Finance (7 Oct 2014)
Pearse Doherty: That is fair enough. That is why it would not have been picked up in previous years?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Budget 2015: Department of Finance (7 Oct 2014)
Pearse Doherty: Referring to our trading partners - obviously two of them are healthy in terms of growth - what would be the impact of percentage decreases in the growth estimation of the UK or the US? Has that been calculated?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Budget 2015: Department of Finance (7 Oct 2014)
Pearse Doherty: You mention the potential of stagnant or low inflation and the impact that could have on Ireland's debt burden. Is upward inflation expected next year? Figures of 0.5% and 1.0% mentioned.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Budget 2015: Department of Finance (7 Oct 2014)
Pearse Doherty: Is it 1% or 0.1%?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Budget 2015: Department of Finance (7 Oct 2014)
Pearse Doherty: What are the factors that will drive that? Is it lack of an adjustment in domestic demand?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Budget 2015: Department of Finance (7 Oct 2014)
Pearse Doherty: On retail sales, what sectors are improving? Where is the figure of 3.6% in the last month, year on year, coming from? I am talking about sectors apart from motor trades.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Budget 2015: Department of Finance (7 Oct 2014)
Pearse Doherty: There was reference to exports in the first half of the year. There has been an increase. In terms of that being maintained until the end of the year, will the type of figures seen in the first half of the year be carried through? Will there be a further increase or a flattening out at the current level?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Budget 2015: Department of Finance (7 Oct 2014)
Pearse Doherty: Is that a conservative and cautious approach? Is there a greater weight on the negative potential risks than on the positives?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Budget 2015: Department of Finance (7 Oct 2014)
Pearse Doherty: I would like to tease that issue out given the time and it could have such an impact. However, in relation to employment growth, and looking at the year on year figures - the graph looks really healthy and it is great to see the live register numbers coming down - one of the concerns is this mythical 60,000 jobs created last year. I know there was revision of the calculations based on the...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Budget 2015: Department of Finance (7 Oct 2014)
Pearse Doherty: When we are talking about the figures for GNP and nominal GDP, what would the figures look like if it were not for the revision that took place in EU rules?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Budget 2015: Department of Finance (7 Oct 2014)
Pearse Doherty: I was going to ask about the pharma cliff, but the issue has been touched on. This is a major issue, unpredictability of which we have discussed. How confident are the delegates that they have now got it right in relation to that sector of the economy?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Budget 2015: Department of Finance (7 Oct 2014)
Pearse Doherty: Can Mr. Enright clarify, in relation to the last two slides, whether we are looking at year-on-year or quarter-on-quarter changes?