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Results 34,301-34,320 of 36,133 for speaker:Pearse Doherty

Recent Developments in the Eurozone: Statements (5 Oct 2011)

Pearse Doherty: That is the question. My second question relates to the bank stress tests. The Minister has stated there is no need for any new stress tests. Is he of the view that the stress tests carried out in June were credible? In recent days there have been problems involving Dexia Bank and a number of French banks have been downgraded since the stress tests were carried out. Does the Minister...

Recent Developments in the Eurozone: Statements (5 Oct 2011)

Pearse Doherty: What is the position on recapitalisation and the stress tests?

Recent Developments in the Eurozone: Statements (5 Oct 2011)

Pearse Doherty: They gave us the cheap credit.

Recent Developments in the Eurozone: Statements (5 Oct 2011)

Pearse Doherty: In the finance committee the Minister responded to a question on fiscal integration by saying he would support greater fiscal integration. He mentioned how he would like that and the six pack of measures are on the table. What other measures would the Minister like to see with regard to greater fiscal integration and will any of those require a treaty change? For example, last night...

Recent Developments in the Eurozone: Statements (5 Oct 2011)

Pearse Doherty: On a point of order, is it possible to amend the order to allow Members to share time?

Recent Developments in the Eurozone: Statements (5 Oct 2011)

Pearse Doherty: Can the Minister propose a change to the order?

Recent Developments in the Eurozone: Statements (5 Oct 2011)

Pearse Doherty: As outlined by Deputy Adams, the Minister's approach to the eurozone crisis, and that of his EU counterparts, is clearly failing on many levels. While the Minister has argued and will argue otherwise, on his watch Ireland has been demoted to junk status. On his watch, thousands more people have become unemployed. On his watch, tens of thousands of young people have left this State, and on...

Deficit Targets (5 Oct 2011)

Pearse Doherty: Yesterday the Central Bank projected growth rates of 1.8% for 2012, which is significantly lower than the Government's projection of 2.5%. If the growth rate turns out at 1.8%, what will that mean in terms of an adjustment? Where will the €3.6 billion end up? I am glad the Minister continues to assume an adjustment of 8.6% because there is no sense in the €4 billion that others,...

Public Investment Projects (5 Oct 2011)

Pearse Doherty: Is it envisaged that the €5.7 billion left in the NPRF will be made available to the strategic investment fund? I ask the Minister to enlighten the House as to the remuneration to be paid to the new CEO. Where will the buck stop in regard to NewERA and the strategic investment fund? Given that it is currently located in the NTMA, will the buck stop with the Minister?

Public Investment Projects (5 Oct 2011)

Pearse Doherty: I asked about the €5.7 billion in the NPRF.

Fiscal Policy (5 Oct 2011)

Pearse Doherty: I thank the Minister for his reply. To be clear, has anyone in the Department, the Central Bank or the NTMA looked at the possibility of the collapse of the euro? Obviously, it is something we would not like to see happen as it would have devastating consequences for the Irish economy. I assume, given the level of debate among many economists throughout the world who do not have a vested...

Fiscal Policy (5 Oct 2011)

Pearse Doherty: I take it from the Minister's response that these matters have been examined. Could he satisfy me that there is a plan sitting on a desk somewhere that would protect Irish interests if we were to see a scenario unfold such as I have outlined where the euro would collapse or this country, for example, could be pushed out of the euro or we could have a two-pronged euro with a stronger euro in...

Tax Code (5 Oct 2011)

Pearse Doherty: I add my voice in support of the Irish charities, with their proposals on lowering the threshold to €100 and also some type of compensation fund scheme to reimburse a portion of the fundraising that has been lost to VAT. The latter is something I remember raising in the Seanad. It is not right that people who raise money to buy a piece of equipment for a hospital then must pay VAT on it,...

Public Service Pay (5 Oct 2011)

Pearse Doherty: I am glad Deputy Keating is advocating Sinn Féin policy. Perhaps he is considering changing his party once more. The Minister said changes will be made to future pensions, lump sums and bonuses. When he and the Minister, Deputy Burton, were on this side of the House, they argued in favour of a special charge on bankers' bonuses. Bankers are legally entitled to such bonuses, but they...

Banks Recapitalisation (5 Oct 2011)

Pearse Doherty: Question 2: To ask the Minister for Finance the cost to the State of the Promissory Notes to Anglo Irish Bank and Irish Nationwide Building Society including the capital repayments, the interest payments to Anglo and Irish Nationwide and the cost of servicing the State's debt in borrowing these sums; if he will provide an annual breakdown of the cost to the State of servicing these...

Banks Recapitalisation (5 Oct 2011)

Pearse Doherty: When the first note was issued by the Department of Finance on the promissory note, it included the cost of capital payments and interest on these capital payments. It also included the cost of borrowing. In the response given by the Minister he has not included such a column. I do not dispute the €47.9 billion figure which takes in the capital and interest payments, but there is an...

Banks Recapitalisation (5 Oct 2011)

Pearse Doherty: I seek clarity on the issue and ask the Minister to refer to the original note produced in November 2010 which included the cost of borrowing on the markets, assuming an interest rate of 4.7% at the time. It also included the capital repayments and the interest rate charged to Anglo Irish Bank. As with a mortgage, it is not just a case of repaying €30.6 billion; as the period spans 20...

Written Answers — Middle East Peace Process: Middle East Peace Process (4 Oct 2011)

Pearse Doherty: Question 64: To ask the Tánaiste and Minister for Foreign Affairs and Trade his views on Israeli foreign minister Avigdor Lieberman's proposals to punish Turkey, which include possible support for Kurdish rebels and co-operation with the Armenian lobby in the US, both made in direct response to Turkish Prime Minister Tayyip Erdogan's announcement that Turkish warships will escort future...

Written Answers — Foreign Conflicts: Foreign Conflicts (4 Oct 2011)

Pearse Doherty: Question 76: To ask the Tánaiste and Minister for Foreign Affairs and Trade the steps he is taking to break the deadlock in Western Sahara, in which Prime Minister, Abdelkader Taleb Oumar, appealed to the international community to put pressure on Morocco to comply with international law, and where he recently described the situation as leading to the irreparable with all the predictable...

Written Answers — Banking Sector Remuneration: Banking Sector Remuneration (4 Oct 2011)

Pearse Doherty: Question 136: To ask the Minister for Finance the number of times the funding cap for banking officials remuneration has been breached since it was introduced; for whom it was breached; the amount by which it was breached; if this was sanctioned by him or any other member of the Government; and if he will make a statement on the matter. [26970/11]

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