Results 3,061-3,080 of 11,861 for speaker:Brian Hayes

Banks Recapitalisation (22 Feb 2012)

Brian Hayes: As the Deputy is aware I have indicated that I am committed to reviewing the approach to the promissory notes with a view to reducing the overall cost to the State of correcting the banking system. The troika have agreed to engage in a process with Irish officials to produce a common paper which will consider options for re-engineering the notes in terms of the maturity of the notes, the...

Banks Recapitalisation (22 Feb 2012)

Brian Hayes: I thank the Deputy for that. On the latter issue, we have not set any specific timeframes. Something we wanted to see happen for quite some time was a joint approach by the ECB, the IMF and the European Commission. They are working on the paper, and the Minister for Finance has made it clear that when it is produced, the issue will be brought to the political arena. Given the difficulties...

Banks Recapitalisation (22 Feb 2012)

Brian Hayes: The whole payment is relevant to Ireland because, by making these payments, we are making our situation more difficult. However, the point we have stressed is that we are not seeking a specific write-down. We think this can be managed in a more productive way if we redesign the entire mechanism. Our approach before the election, during the election and on coming into office has been to...

Banks Recapitalisation (22 Feb 2012)

Brian Hayes: This touches on the questions raised by Deputy Doherty. I very much welcome the constructive contribution from the economists on the question of the promissory notes, and I assure the Deputy that the presentations and remarks to the joint committee will be examined in detail. However, it would not at all be appropriate for me to unilaterally instruct the Central Bank and the troika that the...

Banks Recapitalisation (22 Feb 2012)

Brian Hayes: I am sure the Deputy is aware that we paid it last year, admittedly without the interest component, and the world did not change. While we are conscious of the difficulties this imposes on the State, the €3.1 billion was paid last year. People need to be aware of that fact. We have taken an incremental approach to the negotiations with our external funders. Last year we managed to...

Banks Recapitalisation (22 Feb 2012)

Brian Hayes: I would not like to be in the position in which the Greeks find themselves right now.

Banks Recapitalisation (22 Feb 2012)

Brian Hayes: To answer Deputy Healy, this is an important issue for the Government and we are prioritising it. We have made some advances in how it will progress between now and the full schedule. Just because the Government is not talking about it daily does not mean it is not devoting all its efforts to getting the point across.

Banks Recapitalisation (22 Feb 2012)

Brian Hayes: The Deputy might have the luxury of saying we cannot and will not pay, but he should be aware of the consequences. The country is being held together with emergency funding from the ECB. The cost of running the country which presents a real difficulty given the current deficit is also borne by the external support of these agencies. I agree with the Deputy that the issue remains unresolved,...

Tax Collection (22 Feb 2012)

Brian Hayes: I refer the Deputy to the reply to Parliamentary Questions Nos. 81 to 83, inclusive, of 12 January 2012. It was never expected that 150,000 pensioners would have extra tax liabilities. In that reply I stated the Revenue Commissioners had advised me that in some cases the pensioners were paying too much, in others too little and that others would be exempt. I am advised by the Revenue...

Tax Collection (22 Feb 2012)

Brian Hayes: My officials advise me that a P35 contains the basic information given to the system by employers who each year inform the Revenue Commissioners and the social welfare system of the total amount of tax paid. We cannot give the Deputy the information because we do not have access to the P35s for 2012. Obviously, that information will come in. I understand the Revenue Commissioners will have...

Written Answers — Flood Relief: Flood Relief (21 Feb 2012)

Brian Hayes: The bridge in question was removed during flood relief works undertaken by the Office of Public Works (OPW) in the Dunboyne area on behalf of Meath County Council following the major flood events in 2000 and 2002. The bridge was no longer used for traffic. The cast iron sections of the bridge were sent to the OPW's Central Engineering Workshop for restoration and repainting. This work has...

Finance Bill 2012: Second Stage (Resumed) (15 Feb 2012)

Brian Hayes: I would not be certain about that.

Finance Bill 2012: Second Stage (Resumed) (15 Feb 2012)

Brian Hayes: Hear, hear.

Finance Bill 2012: Second Stage (Resumed) (15 Feb 2012)

Brian Hayes: Where would Sinn Féin get the money from?

Finance Bill 2012: Second Stage (Resumed) (15 Feb 2012)

Brian Hayes: That would not be enough.

Finance Bill 2012: Second Stage (Resumed) (15 Feb 2012)

Brian Hayes: Sinn Féin has cut capital budgets in Northern Ireland.

Finance Bill 2012: Second Stage (Resumed) (15 Feb 2012)

Brian Hayes: It has reduced the number of public servants by 20%

Finance Bill 2012: Second Stage (Resumed) (15 Feb 2012)

Brian Hayes: Sinn Féin should hand the grant back if it does not want it.

Finance Bill 2012: Second Stage (Resumed) (15 Feb 2012)

Brian Hayes: Thanks to British taxpayers.

Finance Bill 2012: Second Stage (Resumed) (15 Feb 2012)

Brian Hayes: It would be stuck without them.