Results 421-431 of 431 for rebuilding ireland come loan

National Asset Management Agency Bill 2009: Second Stage (16 Sep 2009)

Leo Varadkar: ...repair the financial system in order that credit can flow again to small businesses, homeowners and consumers. NAMA does not protect the taxpayer. We were informed earlier the book value of the loans is €77 billion, which includes €9 billion in rolled up interest. It is not that long since Sean FitzPatrick told us the banks did not roll up interest for developers. The real haircut...

Banking System: Motion (12 May 2009)

Eamon Gilmore: ..., declaration of war aside, in which members of Dáil Éireann will ever participate ... At stake is €90 billion of taxpayer's money - three years' tax revenue – the international reputation of Ireland as a haven of cosy crony capitalism, the cost of international borrowing and the future health of the economy. Those are the words of Professor Brian Lucey of Trinity College, taken from...

Infrastructure Stimulus Package: Motion (Resumed) (29 Apr 2009)

Terence Flanagan: I too, welcome the opportunity to contribute briefly to this motion and wish to congratulate our front bench spokesman, Deputy Simon Coveney, for his great work in publishing a very constructive strategy document, Rebuilding Ireland, which has the potential to create up to 100,000 jobs in the new green energy industry over the next four years in areas such as construction, engineering,...

Banking System: Motion. (24 Feb 2009)

Michael McGrath: I welcome the opportunity to speak in support of the Government amendment to this motion. Those responsible for inflicting such serious damage on the Irish banking system in recent times must be held to account before the full rigours of the law. Based on what has been publicly disclosed, the events at Anglo Irish Bank are nothing short of a national scandal. These events included the...

Anglo Irish Bank Corporation Bill 2009: Committee and Remaining Stages (20 Jan 2009) See 1 other result from this debate

Michael Noonan: ..., the governor of the Cental Bank and the regulator's office addressed committees of this House assuring them that everything in the banking system was fine. They said they had stress tested the loan book and there was no cause for concern. They said that Ireland was different from the United States in that there were no bad banks here and no bad mortgages. They said the banks were able...

Seanad: Finance (No. 2) Bill 2008 (Certified Money Bill): Second Stage (19 Dec 2008)

John Gerard Hanafin: ...a budget since the foundation of the State. Certainly the 1930s were more difficult but the uncertainty of the current situation is totally outside our country's control. The price of property in Ireland was too high, but prior to recent external events there is no doubt the property market was heading for a soft landing. With the economy powering along as it was, against all the odds,...

Seanad: The Economy: Statements (5 Dec 2008)

John Gerard Hanafin: ...last decade. That period witnessed the crash following the tragedy of 11 September 2001, the bursting of the dot com bubble and the results from criminal misselling of mortgages, called sub-prime loans, in the amount of €1 trillion in the USA, which put the whole financial system in jeopardy and created a debt bubble the effects of which have reverberated throughout the world. We...

Social Welfare (Miscellaneous Provisions) Bill 2008: Second Stage (Resumed) (11 Nov 2008)

Timmy Dooley: I welcome the opportunity to contribute to the Social Welfare (Miscellaneous Provisions) Bill. It is worth considering the size of the Bill and the cost to the State of €19.5 billion projected for 2009. As I understand it, that money supports around 1.7 million men, women and children in the State. Clearly it is not possible at this time for the Government to put in place the increases...

Approval of Credit Institutions (Financial Support) Scheme 2008: Motion (17 Oct 2008)

Richard Bruton: ...as to how he will use them. Although Members are providing the Minister with a big arsenal, they wish to see the rules of engagement. These matters are important in protecting the taxpayer. Ireland was an early mover in bringing forward this guarantee scheme and undoubtedly set a standard of approach to dealing with the liquidity problem. However, Members also must be aware that matters...

Budget Statement 2009 (14 Oct 2008)

Arthur Morgan: I welcome the opportunity to respond to the Minister for Finance. The former US president Mr. Harry Truman kept a plaque on his desk that read, "The buck stops here". For the last year, as we witnessed the turn in the tide of our economy, the Government has run itself along the lines of, "The buck stops nowhere". I wish to make it clear to this Government that the buck stops with it. It...

Seanad: International Development Association (Amendment) Bill 2003: Second Stage. (7 Jul 2004)

Michael Ahern: ...s contribution to the most recent round of funding for the International Development Association, IDA, which is the concessionary lending arm of the World Bank. The IDA provides grants or long-term loans at zero interest rates to the poorest developing countries. These are countries where per capita income is less than US$875 — above this limit other sources of funding should be...