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Written Answers — Grant Payments: Grant Payments (7 Jun 2011)

Pearse Doherty: Question 293: To ask the Minister for Agriculture, Fisheries and Food the basis upon which he calculated the standard cost which was used in an application for grant aid under the farm waste management scheme in respect of a person (details supplied) in County Donegal; and if he will make a statement on the matter. [14394/11]

Written Answers — Services for People with Disabilities: Services for People with Disabilities (7 Jun 2011)

Pearse Doherty: Question 321: To ask the Minister for Health his plans to review the transport charge introduced by the Health Service Executive through the rural transport initiative levied on persons with disabilities attending training centres and day centres in County Donegal; his views on whether this additional burden should not be imposed on the disabled in view of the budget cuts to their payments;...

Ballymanus Mine Disaster (7 Jun 2011)

Pearse Doherty: I welcome the Minister for Defence, Deputy Alan Shatter, to the House. The issue I raise is a very important one that affected west Donegal. The Minister of State, Deputy McGinley, will be familiar with the stories that come from that part of the country. This one scarred a whole community. It happened a very long time ago, well before my time, and was brought to my attention only in...

Tax Reliefs (7 Jun 2011)

Pearse Doherty: Why has the Government abolished five of them?

Government Borrowing (7 Jun 2011)

Pearse Doherty: Earlier the Minister told us the State will run out of money in 2013.

Government Borrowing (7 Jun 2011)

Pearse Doherty: It is the same thing. We have enough money to run the State through to the second half of 2013.

Government Borrowing (7 Jun 2011)

Pearse Doherty: After that, we have no money left. The Minister also told us it would be worthwhile going back into the bond markets if we were able to achieve a rate similar to that we are getting from the EU-IMF package-----

Government Borrowing (7 Jun 2011)

Pearse Doherty: -----or below it. The question is, what happens in mid or early 2013 when we have to go back into the markets when we have no other choice. We can go back next year, but we will have no choice in 2013. What happens if the rate is above the rate that is being cut on the EU-IMF package? Is there any possibility that we would have to go and seek an extension of the bailout, as we already...

Government Borrowing (7 Jun 2011)

Pearse Doherty: Would the Minister be able to confirm that by the time we get to 2013 the State will still have cash reserves available that we will have the ability to draw upon if we so decide? Second, in the questioning from the other side of the House, they might make clear what they would do differently and where exactly they would source the money to fund the State between now and 2013.

Government Borrowing (7 Jun 2011)

Pearse Doherty: It is about consistency. If the Government was coming out with one message-----

Government Borrowing (7 Jun 2011)

Pearse Doherty: -----then we would not have to ask these.

Government Borrowing (7 Jun 2011)

Pearse Doherty: The question is, because we are all concerned about the tap being turned off and the Minister of State, Deputy Brian Hayes, argued there would be-----

Government Borrowing (7 Jun 2011)

Pearse Doherty: -----I am asking the question-----

Government Borrowing (7 Jun 2011)

Pearse Doherty: -----burden-sharing with senior bondholders in Anglo Irish Bank-----

Government Borrowing (7 Jun 2011)

Pearse Doherty: -----does the Minister believe, given the fact we are running out and there is a potential-----

Government Borrowing (7 Jun 2011)

Pearse Doherty: I have argued in this House-----

Government Borrowing (7 Jun 2011)

Pearse Doherty: -----that we impose burden sharing on senior bondholders. Just a number of days ago, €200 million was paid by the State to unguaranteed unsecured bondholders in Anglo Irish Bank. The Minister of State, Deputy Brian Hayes, has argued for senior burden sharing on those bondholders. We have the stress tests. Does the Minister not believe that we would reduce the liability of the State by...

Government Borrowing (7 Jun 2011)

Pearse Doherty: That is not the question.

Government Borrowing (7 Jun 2011)

Pearse Doherty: Burden sharing in Anglo Irish Bank - "yes" or "no".

Government Borrowing (7 Jun 2011)

Pearse Doherty: Ask the Minister of State beside the Minister which it is. Burden-sharing in Anglo Irish Bank - "yes" or "no". Burden-sharing of unguaranteed bonds in Anglo Irish Bank - "yes" or "no".

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