Results 401-420 of 431 for rebuilding ireland come loan

European Council: Statements (13 Apr 2011)

Enda Kenny: ...and positive and I engaged individually with all of my colleagues in the room. The Tánaiste and Minister for Foreign Affairs spoke at the weekend about the need for a strong diplomatic campaign to rebuild Ireland's international reputation. That is an important element of Government policy in providing a clear understanding of how serious is our intent to deal with the country's...

Bank Reorganisation: Statements (6 Apr 2011)

Michael Noonan: ...three years. Our plan creates capacity for the pillar banks to lend in excess of €30 billion over the same period. Over the period to 2013, to resize their balance sheets and achieve acceptable loan to deposit ratios, the pillar banks need to delever their balance sheets by in excess of €55 billion of loans. Each year, on average, €10 billion of existing loans get repaid in the...

Seanad: Programme for Government: Motion (23 Mar 2011)

Alan Shatter: ...statistics show that the rate of unemployment has increased to 14.7% and more than half of those unemployed have been out of work for more than one year. Thousands of young people are leaving Ireland in search of work abroad, reminding us all of the dark days of the past and my youth. The public finances have been completely undermined, leaving a huge and unsustainable gap between levels...

Bretton Woods Agreements (Amendment) Bill 2011: Second Stage (19 Jan 2011)

Michael Ahern: ...the Bretton Woods system is about. It took its name - like the Maastricht treaty, for example - from the location in which the agreement was reached, in the United States in 1944. Its aim was to rebuild the international economic system and, to that end, it established a system of rules, institutions and procedure to regulate the international monetary system. It also established the...

Seanad: EU-IMF Programme for Ireland: Statements (2 Dec 2010)

Martin Mansergh: As Members will be aware, the key documents which together set out the policy conditions of the financial support being provided to Ireland, and which I shall refer to collectively as the programme, have been made available to the House. I wish to outline briefly the documents involved. There are five documents :the memorandum of understanding on specific economic policy conditionality,...

EU-IMF Programme for Ireland and National Recovery Plan 2011-14: Statements (Resumed) (1 Dec 2010) See 1 other result from this debate

Arthur Morgan: Watch this space and see what will happen. In any event, it is a regressive measure irrespective of what the British do. The Minister knows better than most that it is the families on low incomes that will pay a higher percentage of their income as a result of what will happen in respect of VAT. The percentage rate of 5.83% in respect of the EU-IMF loan amounts, in my view, to backstreet...

EU-IMF Programme for Ireland and National Recovery Plan 2011-14: Statements (30 Nov 2010)

Caoimhghín Ó Caoláin: ...be drawn down before it must be repaid. This Government is on its way out, as Deputy Gormley has acknowledged repeatedly, and has stated there will be a drawdown delay with, for example, Bank of Ireland given until the new year to sell assets and see if it can raise money. Unanimous pressure must be applied on this Government and all Opposition parties, Independent Deputies and Fianna...

National Recovery Plan 2011 - 2014: Statements. (25 Nov 2010)

Simon Coveney: ...and when French and German MEPs were marking the end of the Second World War and the setting up of the European Union. I remind Commissioner Rehn and others, for whom I have a lot of time, that Ireland now needs solidarity. We have not asked for it before. Ireland will never need solidarity in terms of military protection but it has a self-created catastrophe based on the debt it will...

Macro-Economic and Fiscal Outlook: Statements (27 Oct 2010)

Enda Kenny: .... Neither the international markets nor the people believe it. The version from Ministers, who arrived at Farmleigh House in sleek transportation in a manner reminiscent of the Anglo Irish coming back to the big house, is to state repeatedly that they want to do what is fair and to make decisions that are in the interests of the people and the country. They state that each Minister is...

Seanad: Small and Medium Enterprises: Motion (20 Oct 2010)

Nicky McFadden: I welcome the Minister of State to the House and welcome his positive demeanour although I wonder whether we live in the same country. I also am pleased his children are young because it will take so long for the country to recover from the mismanagement of the Celtic tiger that it is to be hoped that they will benefit from the recovery that will take place in years to come. The Minister of...

Announcement by Minister for Finance on Banking of 30 September 2010: Statements (Resumed). (14 Oct 2010)

Tommy Broughan: ...a mess that the Government intends to pour €29 billion to €35 billion into Anglo Irish Bank, €5.4 billion into Irish Nationwide, perhaps €11 billion into AIB, €3.5 billion into Bank of Ireland - one may not have heard the entire story in that regard - and €350 million into the Educational Building Society. A few weeks ago, a Sunday newspaper estimated the full costs of the...

Seanad: National Economy: Statements (Resumed) (6 Oct 2010)

Ciarán Cannon: In March 2006 Michael Dell summed up the relationship that existed then between Ireland and his company: I do not think it is coincidence that Ireland and Dell share the same character and connection. Every success we have achieved around the world has been due to the old Irish recipe of big dreams, hard work and strong relationships. Unfortunately, three years later Michael Dell terminated...

Seanad: Confidence in the Taoiseach: Motion (16 Jun 2010)

Mary Coughlan: ...an unnecessary confidence debate on a day when we should, in fact, be debating the Regling-Watson and Honohan reports, the findings of the Saville inquiry or getting on with the work of placing Ireland on a path towards sustainable economic growth. That said, the motion provides the Government with an opportunity not only to set the record straight, but also to reaffirm its commitment to...

Euro Area Loan Facility Bill 2010: Second Stage (18 May 2010)

Joan Burton: ...amid the devastating aftermath of the Second World War, member states have responded with appropriate fiscal stimuli and unprecedented bank bailouts. What began as a financial crisis has become a broad-based economic crisis and latterly a sovereign debt crisis. Those countries in a weaker financial state before the crisis have been left most exposed. Ireland's saving grace has been its...

Central Bank Reform Bill 2010: Second Stage (Resumed) (21 Apr 2010)

Michael McGrath: I welcome the opportunity to speak on this Bill. Last week, it was refreshing to see Brendan McDonagh, the chief executive of NAMA, and Matthew Elderfield the new Financial Regulator appearing before the Joint Committee on Finance and the Public Service and the Joint Committee on Economic Regulatory Affairs, respectively. It is clear that their approach will be in stark contrast to that of...

Financial Institutions' Credit Supply (9 Mar 2010)

Michael McGrath: ...who applied for funding in the past three months were refused credit by their banks. Like every Deputy in this House, I have a number of examples of constituents who are in business who have had loan applications refused and even in the case of those who currently have loan agreements, where such an agreement comes up for renewal the bank is taking the opportunity to significantly increase...

National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)

Joan Burton: ...including the identities of the owners of, and particulars (including value) of, any assets acquired by it during the period in question valued at over €100,000.". As we know, NAMA is taking over loans, good and bad, but mainly distressed loans with a smaller proportion of some good loans that we do not quite know the context of just yet. In turn, those are loans that were mainly given...

National Asset Management Agency Bill 2009: Second Stage (Resumed) (13 Oct 2009)

Michael McGrath: The people responsible for those transactions must be held accountable. This is not the only matter at Anglo Irish Bank which is the subject of such investigations. The concealment of directors' loans over a number of years is an extremely serious matter which relates in particular to the former chief executive of Anglo Irish Bank, Mr. Seán FitzPatrick. These loans were not reported for...

Seanad: The Economy: Statements (23 Sep 2009)

Martin Mansergh: Since last September Ireland has been caught in and particularly badly affected by the severest global economic and financial crisis of the post-war years which has cost an estimated 59 million jobs worldwide. Domestically, it has had grave consequences for employment, living standards and the public finances, as well as for a now vulnerable banking sector which has only been sustained by...

National Asset Management Agency Bill 2009: Second Stage (Resumed) (22 Sep 2009)

Chris Andrews: ...delighted to have this opportunity to speak. I speak for every Member of this House when I state that the proposed legislation to establish NAMA is one of the most important and complex Bills to come before the House for debate. Rightly, the discussion surrounding these proposals has been vigorous and intense, with every person on the island wanting to ensure that stability is restored...