Results 29,321-29,340 of 35,975 for speaker:Pearse Doherty

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Proposed Changes to Pay and File Tax Date: Discussion with Irish Tax Institute (20 Nov 2013)

Pearse Doherty: I was also alarmed by the feedback from the practice in Dublin which states that on the last day of October, one third of its clients' accounts have been filed, one third of them are in hand and one third of clients have yet to send in data, and that the one third yet to stand in data may be sticking their heads in the sand as they know they cannot pay. While the issue for this year has been...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Proposed Changes to Pay and File Tax Date: Discussion with Irish Tax Institute (20 Nov 2013)

Pearse Doherty: The witnesses have heaped praise on the Department officials. They are great lobbyists in terms of their praising the right people at the right time. I agree that the Department deserves praise because its forecasting, which has increased dramatically, has been more or less on target this year. We can all concur with what has been said about the Revenue online service. As an employer, I...

Order of Business (20 Nov 2013)

Pearse Doherty: I am sure the Taoiseach has read the communiqué from the Eurogroup in ECOFIN meetings. A section of that talks about the stress test of the banks next year across Europe and the fact that the bail-in mechanism is not available. It calls on national parliaments to bring forward their own legislation for the bail-in, which would allow for senior bondholders to be burned. The Taoiseach...

Order of Business (20 Nov 2013)

Pearse Doherty: Does the Taoiseach know when the legislation will be taken? Is it this term or next term?

Order of Business (20 Nov 2013)

Pearse Doherty: The Minister did not answer the question. This is the Order of Business in terms of promised legislation.

Order of Business (20 Nov 2013)

Pearse Doherty: Is legislation being brought forward?

Order of Business (20 Nov 2013)

Pearse Doherty: That is unbelievable. The Taoiseach will not even ask his officials whether there is legislation coming forward in this quarter or the next quarter in relation to this matter.

Order of Business (20 Nov 2013)

Pearse Doherty: I have asked the question on promised legislation.

Order of Business (20 Nov 2013)

Pearse Doherty: Is legislation promised?

Order of Business (20 Nov 2013)

Pearse Doherty: It is promised legislation.

Order of Business (20 Nov 2013)

Pearse Doherty: If it was on the programme list, then I would see it. It is promised legislation as the Minister for Finance signed up to that communiqué last week.

Government Decision on Exiting Programme of Financial Support: Motion (20 Nov 2013)

Pearse Doherty: It is interesting to note that in the past three years, a new narrative has evolved. Many people have become experts in economics and terms like OMT are bandied about at kitchen tables nowadays.

Government Decision on Exiting Programme of Financial Support: Motion (20 Nov 2013)

Pearse Doherty: Terms like bailout and precautionary credit line have entered into our everyday vocabulary. We all welcome the fact that Irish people pay more attention to economic matters and perhaps if we had done so in this House and elsewhere in days gone by, we would not be in the position we are in currently. However, we need to get back to a point where we are talking about the weather again instead...

Other Questions: Strategic Investment Bank Establishment (20 Nov 2013)

Pearse Doherty: The European Investment Bank has a good record of success. The second part of the question refers to the bail-in. The ECOFIN communiqué issued last week stated, "As the still to be adopted BRRD bail-in tool will not yet be applicable at the time of the conduct of the [...] stress test, burden sharing will apply, in full". It goes on to say state "Member States will ensure that the...

Other Questions: Strategic Investment Bank Establishment (20 Nov 2013)

Pearse Doherty: 11. To ask the Minister for Finance his plans to promote diversity in the banking sector; and when a strategic investment bank will be created. [49200/13]

Other Questions: Strategic Investment Bank Establishment (20 Nov 2013)

Pearse Doherty: This question pertains to diversity in the banking sector in this State. There was a good discussion on this subject during a recent Private Members' debate. I ask the Minister to clarify whether the Government intends to establish a strategic investment bank in its lifetime, as committed to in the programme for Government, and when it is planned to establish one. I also ask the Minister...

Other Questions: Strategic Investment Bank Establishment (20 Nov 2013)

Pearse Doherty: I thank the Minister for his comprehensive reply. What he said was quite interesting. I am aware that things move on, but prior to the election it was a major plank of the Labour Party's manifesto in particular that a strategic investment bank would be established, and this was negotiated into the programme for Government. The Minister is now telling us there is no guarantee that it will...

Ceisteanna - Questions - Priority Questions: Mortgage Arrears Proposals (20 Nov 2013)

Pearse Doherty: The Minister has indicated that the banks have informed the Central Bank that they have met and, in some cases, exceeded the next round of targets which are pitched at 30%. However, they also told the Joint Committee on Finance, Public Expenditure and Reform the same thing. It took a great deal of digging on the part of the members of the joint committee before it emerged that 15,000 legal...

Ceisteanna - Questions - Priority Questions: Mortgage Arrears Proposals (20 Nov 2013)

Pearse Doherty: As stated on previous occasions, the Minister is treating the banks with kid gloves. He should light a fire under them, as well as the Central Bank. He is in his third year in office and I am sure he finds it unacceptable that 118,000 mortgages remain in arrears and that 77% of them have not been restructured. These are the figures of failure. When he entered office, the Minister was...

Ceisteanna - Questions - Priority Questions: Mortgage Arrears Proposals (20 Nov 2013)

Pearse Doherty: 5. To ask the Minister for Finance if he will provide an update on the mortgage crisis; if he has communicated to the Central Bank that legal letters threatening repossession will not be counted as sustainable offers under the mortgage arrears resolution targets, MART; and the options being explored on the issue of tracker mortgages at State-owned banks. [49577/13]