Results 34,781-34,800 of 36,133 for speaker:Pearse Doherty

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".

Order of Business (7 Jun 2011)

Pearse Doherty: I note from the Order Paper that the House is to discuss the Social Welfare and Pensions Bill 2011 today, the primary purpose of which is to extend to 67 years the qualifying age for a State pension and to 68 years in 2028. I note also the legislation includes the restoration of the minimum wage. However, would the Taoiseach not agree this legislation should be included in a finance Bill as...

Order of Business (7 Jun 2011)

Pearse Doherty: When will that legislation be brought before the House?

Order of Business (7 Jun 2011)

Pearse Doherty: On the other question, when will we see legislation to give effect to politicians not getting a political pension-----

Order of Business (7 Jun 2011)

Pearse Doherty: It is promised legislation.

Order of Business (7 Jun 2011)

Pearse Doherty: It is promised in the programme for Government.

Fiscal Policy (7 Jun 2011)

Pearse Doherty: Question 22: To ask the Minister for Finance his view that the State, with support from the EU/IMF/ECB, has sufficient funding to meet all requirements until the end of 2013; if he will provide a detailed account of the funding requirements of the State for 2011, 2012 and 2013; the funds available to the State to meet those requirements for the same years; and if he will make a statement on...