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Seanad: Economic Situation: Statements (20 Apr 2011)

Brian Hayes: Who knows what will happen over the next three to six months? We know a new restructuring package will be on the agenda after 2013. The Government has already started burden sharing between €5 billion and €6 billion in subordinated debt. Last Thursday the Minister for Finance announced that an application to this effect had been made in the courts. We have started the process in...

Seanad: Economic Situation: Statements (20 Apr 2011)

Brian Hayes: We were told for two years that subordinated debt could not be touched. We have to work with our partners in this. The lender of last resort is this country and that will continue to be the case until we restore market confidence in our ability to resell our debt and reduce our bond ratios. Senator Bradford made one of the most important points in this debate when he reminded us of the need...

Seanad: Insurance Industry (20 Apr 2011)

Brian Hayes: I thank Senator Wilson for raising this matter and recognise the substantial all-party work that has gone on for a substantial period behind the scenes with both this Government and the previous Government to arrive at the result we have on this matter. As the Senator is aware, the appointment of the administrators to take over the management of Quinn Insurance Limited, QIL, was taken in the...

Seanad: Insurance Industry (20 Apr 2011)

Brian Hayes: I reassure the Senator that the number one priority for the Government in this entire matter, from the first day in the job, was to secure employment for those people working within the group. This is an issue in the Senator's area of the country and also in my area. A large number of my constituents work in the Blanchardstown area and it is crucial that we have now received assurances in...

Seanad: Olympic Games Report (20 Apr 2011)

Brian Hayes: It does, actually.

Seanad: Olympic Games Report (20 Apr 2011)

Brian Hayes: I thank Senator Keaveney for raising this matter on the Adjournment. I apologise for the fact that the Minister for Transport, Tourism and Sport, Deputy Varadkar, unfortunately cannot attend the House this evening to reply to the Senator. I know of her interest in this issue because we have spoken about it in the past. I will ensure that her comments are brought to the attention of the...

Seanad: Economic Situation: Statements (20 Apr 2011)

Brian Hayes: Thank you. It is wonderful to be back in Seanad Éireann and to see so many colleagues here for these important statements on the economy. I understand this is the last day of the current Seanad and I take this opportunity to wish those Senators who will not contest the election or who have decided to retire every success. Senator O'Toole, who is in the Chamber, has made an enormous...

Seanad: Economic Situation: Statements (20 Apr 2011)

Brian Hayes: I wish those colleagues who have decided to go into battle again and who have run around the country over the course of the past few weeks every success in next week's Seanad elections. It is a great privilege to have been appointed as a Minister of State in the Department of Finance and in the new Department of Public Expenditure and Reform and as colleagues are aware, I have responsibility...

Seanad: Economic Situation: Statements (20 Apr 2011)

Brian Hayes: I said there was confidence around the stress tests.

Written Answers — Departmental Properties: Departmental Properties (20 Apr 2011)

Brian Hayes: The Office of Public Works currently rents ten buildings in Portlaoise for the purposes of providing Office/Warehouse accommodation for various Government Departments. The lease details are scheduled in the table. Building Rent Per Annum Lease Term No of Years Lease Commencement Date Lease Expiry Date Portlaoise Furniture Store, Timahoe Road â'¬2,031.58 10 1-Jan-2001 25-Dec-2011...

Decentralisation Programme (19 Apr 2011)

Brian Hayes: I thank Deputy Stanley for raising this matter. I understand his interest in it as a constituency issue and from a national perspective. Under the previous Government's decentralisation programme, it was originally intended to relocate approximately 11,000 civil and public servants in 50 different organisations to 56 locations around the country. As the Deputy is aware, that Government...

Written Answers — Departmental Properties: Departmental Properties (19 Apr 2011)

Brian Hayes: The Office of Public Works is continuing to progress this matter, and hopes to meet, in the immediate future, with officials from Kerry County Council in order to expedite this matter.

Written Answers — Public Procurement Contracts: Public Procurement Contracts (14 Apr 2011)

Brian Hayes: A statistic released by the EU Commission in 2010 suggested that 17% of the number of public procurement contracts awarded by Ireland in 2008 went to suppliers outside the jurisdiction. It should be noted that these figures relate to public procurement in general, and not just to the print industry. However, the statistic is based on incomplete data relating only to above threshold...

Written Answers — Public Procurement Contracts: Public Procurement Contracts (14 Apr 2011)

Brian Hayes: The National Procurement Service in the Office of Public Works has tendered for the supply of stationery and office supplies. The tender was divided into three lots, Lot 1 Stationery, Lot 2 ICT Consumables and Lot 3 Paper. The current status of each lot is as follows: Lot 1 Office Stationery - A contract has been awarded to Codex Ltd. This is a one year contract with the option of extending...

Mortgage Arrears (13 Apr 2011)

Brian Hayes: The points raised by Deputy Martin Ferris are crucial. There is a code in place and it is the job of Government to ensure it is enforced. I accept the new scheme from the expert group in regard to parking part of the mortgage interest repayment must be monitored by the Central Bank and the Department of Finance to ensure options are available to people.

Vocational Education Committees (13 Apr 2011)

Brian Hayes: I thank Deputy McFadden for raising this matter on the Adjournment. I am responding on behalf of the Minister for Education and Skills, Deputy Ruairí Quinn, who cannot be here tonight. He asked me to acknowledge the deep interest and expertise Deputy McFadden has in this area. I refer to what the VEC sector has achieved in her constituency and elsewhere. Deputy Quinn and I are aware of...

School Accommodation (13 Apr 2011)

Brian Hayes: I am replying to this Adjournment matter on behalf of my colleague, the Minister for Education and Skills, Deputy Ruairí Quinn. I thank the Deputy for raising this matter as it provides me with the opportunity to outline to the House the Government's strategy for capital investment in schools building projects and the current position of the application for capital funding from Scoil Naomh...

Written Answers — Capital Projects: Capital Projects (13 Apr 2011)

Brian Hayes: The capital allocation of the Office of Public Works is expended upon flood relief works, purchase of sites and buildings, certain grants and building construction projects. The advancement of capital works over the next five to ten years, particularly construction projects, is dependant upon the availability of funding each year and prioritisation of projects by the various client...

Written Answers — Coastal Protection: Coastal Protection (13 Apr 2011)

Brian Hayes: The Office of Public Works is currently evaluating an application from Fingal County Council for funding under the Minor Flood Relief Scheme for coastal protection works at the location referred to by the Deputy. The evaluation will have regard to the Major Flood Risk Assessment and Management Study for the Fingal - East Meath Catchment area (FEM CFRAM), which is nearing completion. It is...

Mortgage Arrears (13 Apr 2011)

Brian Hayes: I thank Deputy Martin Ferris for raising this important matter and giving me the opportunity to respond. It is not an exaggeration to say Irish people value the ownership of their own home. It is a deeply rooted cultural tradition and characteristic. Unfortunately, the financial crisis has created conditions in which many home owners through no fault of their own now find themselves in...

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