Results 4,401-4,420 of 35,549 for speaker:Pearse Doherty
- Ceisteanna ó Cheannairí - Leaders' Questions (4 May 2023)
Pearse Doherty: Is there any direct intervention?
- Ceisteanna ó Cheannairí - Leaders' Questions (4 May 2023)
Pearse Doherty: So there is no direct support for mortgage holders.
- Ceisteanna ó Cheannairí - Leaders' Questions (4 May 2023)
Pearse Doherty: Government Ministers are briefing the media.
- Ceisteanna ó Cheannairí - Leaders' Questions (4 May 2023)
Pearse Doherty: Nonsense. The Government is abandoning the mortgage holders.
- Ceisteanna ó Cheannairí - Leaders' Questions (4 May 2023)
Pearse Doherty: Inniu, táthar ag dréim go n-ardóidh an Banc Ceannais Eorpach rátaí úis don seachtú huair ó bhí mí Iúil ann. Tiocfaidh sé seo mar bhuille eile do na mílte teaghlaigh. Is é anois an t-am chun faoiseamh úis mhorgáiste a thabhairt isteach chun tacú leis na teaghlaigh seo. Today the European Central Bank is...
- Support for Household Energy Bills: Motion [Private Members] (3 May 2023)
Pearse Doherty: Tá teaghlaigh ag streachailt faoin ngéarchéim costas maireachtála le breis agus bliain. Tá praghsanna fuinnimh do theaghlaigh ag dul suas go fóill, in ainneoin go bhfuil titim ar chostais do sholáthróirí. Tá an Rialtas ag diúltú dul i ngleic leis an mbrabús ollmhór a rinne na comhlachtaí fuinnimh anuraidh agus...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Examination of EU Fiscal Rules: TASC (3 May 2023)
Pearse Doherty: I thank Dr. Sweeney for the presentation. In his paper, Dr. Sweeney suggests moving to a debt servicing cost as a benchmark of fiscal sustainability. How would that benchmark be anchored? Would it be as a percentage of GDP? Could Dr. Sweeney explain in greater detail he would like to have seen in relation to that?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Examination of EU Fiscal Rules: TASC (3 May 2023)
Pearse Doherty: Is it appropriate for Italy to fiscally contract at this point in time? Is that the outworking of the rules.? The criticism of the rules is that they are being counter-productive.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Examination of EU Fiscal Rules: TASC (3 May 2023)
Pearse Doherty: We have the general escape clause, where the fiscal rules are being suspended. Many European states, including Italy, heavily invested at the time of the pandemic to keep their citizens alive, notwithstanding the issues that Italy had of high debts before that and I am not taking away from that. However they made a significant amount of expenditure to protect the health of their citizens...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Examination of EU Fiscal Rules: TASC (3 May 2023)
Pearse Doherty: I ask Dr. Sweeney to address the new rule that is being proposed, namely, the minimum fiscal adjustment of 0.5% of GDP if debt is above 60% of GDP. Does that fiscal adjustment of 0.5% of GDP relate to debt reduction or deficit?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Examination of EU Fiscal Rules: TASC (3 May 2023)
Pearse Doherty: Yes, that it would be net expenditure. Some countries have debt above 60% of GDP and may not be in a deficit scenario.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Examination of EU Fiscal Rules: TASC (3 May 2023)
Pearse Doherty: That is the expenditure benchmark.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Examination of EU Fiscal Rules: TASC (3 May 2023)
Pearse Doherty: The big change there is that there was a stricter rule where it was one twentieth of-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Examination of EU Fiscal Rules: TASC (3 May 2023)
Pearse Doherty: Yes.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Examination of EU Fiscal Rules: TASC (3 May 2023)
Pearse Doherty: Some of that relates to the last-minute intervention by Germany. Obviously, there are some important and welcome changes. Many of the arguments Sinn Féin put forward have been vindicated. The idea of a structural balance, which never made sense as nobody could apply it, has gone. Some of the other metrics that were being used in a different way and were countercyclical or procyclical...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Examination of EU Fiscal Rules: TASC (3 May 2023)
Pearse Doherty: There is, however, no obligation to accept the rules. The excessive deficit procedure was not a rule but more a guide. With the 3% of GDP or 60% of debt rules, there was a trigger which we signed up to and, therefore, we have allowed the Commission to have a role. The guidance from the Commission is non-binding. Is that the case?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Examination of EU Fiscal Rules: TASC (3 May 2023)
Pearse Doherty: Debt servicing costs are relative to the interest rates that are being charged in relation to bonds. For example, Italy would have been paying 4% of GDP for their debt servicing costs. Does Dr. Sweeney believe that Italy is above the threshold and that it should be in a process of reduction?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Examination of EU Fiscal Rules: TASC (3 May 2023)
Pearse Doherty: I appreciate that clarification. Dr. Sweeney noted that some of this is vague and has changed recently. I appreciate his attempts to bring clarity for the committee. What applies to a member state where the deficit is less than 3% but the debt is in excess of 60%?
- Written Answers — Department of Foreign Affairs and Trade: Passport Services (3 May 2023)
Pearse Doherty: 31. To ask the Minister for Foreign Affairs and Trade if he will ensure two passports will be processed on time for the date of travel for siblings (details supplied) in County Donegal; and if he will make a statement on the matter. [20307/23]