Results 4,421-4,440 of 5,587 for speaker:Kevin Humphreys

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Economy and Funding Requirements: Discussion with NTMA (24 Jan 2013)

Kevin Humphreys: I had a primary school teacher who always used to say that to assume makes an ass of you and me. I am trying to get down to the detail. As a practising politician I am trying to dig down to find out how Mr. Corrigan came up with savings of billions.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Economy and Funding Requirements: Discussion with NTMA (24 Jan 2013)

Kevin Humphreys: Mr. Corrigan can see why most members are concerned about digging down to get the statistics.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Economy and Funding Requirements: Discussion with NTMA (24 Jan 2013)

Kevin Humphreys: I will. If the ten years were to be extended, would it change the picture?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Economy and Funding Requirements: Discussion with NTMA (24 Jan 2013)

Kevin Humphreys: I note that the Chair is pulling me up. Am I getting less than 12 minutes?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Economy and Funding Requirements: Discussion with NTMA (24 Jan 2013)

Kevin Humphreys: I do not wish to be awkward but it is important to try to get the figures to understand the information we have been given. If we got the hard figures we would have a better chance of understanding. It is difficult to understand the subject. With no disrespect to Mr. Corrigan, I find it unbelievable that we cannot get an accurate figure on the bonds that were purchased through the security...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Economy and Funding Requirements: Discussion with NTMA (24 Jan 2013)

Kevin Humphreys: I acknowledge the work that the NTMA has done in recent months in returning to the market and raising billions of euro at competitive rates. It was a difficult job but it was done well. Does the NTMA monitor the sale of Irish bonds to determine their value on the secondary market?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Economy and Funding Requirements: Discussion with NTMA (24 Jan 2013)

Kevin Humphreys: The ECB used the security marketing programme for purchasing approximately €20 billion in bonds in 2010 and 2011. Am I correct to suggest that the ECB is looking at a profit margin of between €3 billion and €5 billion on the maturity of these Irish bonds? I recognise they were purchased over a period of time but I have suggested this figure on several occasions and it...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Economy and Funding Requirements: Discussion with NTMA (24 Jan 2013)

Kevin Humphreys: I am not trying to put Mr. Corrigan in an awkward position.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Economy and Funding Requirements: Discussion with NTMA (24 Jan 2013)

Kevin Humphreys: I thank him for that. Would he say I am far off in my estimate? Based on the trading prices that obtained when the ECB was in the market in 2011, it has largely confirmed the figure of €19 billion or €20 billion. The profit would not be far off €5 billion.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Economy and Funding Requirements: Discussion with NTMA (24 Jan 2013)

Kevin Humphreys: It may be a good tactic to sell back the bonds at face value in order to reduce our borrowings. We would make a significant impact on our debts with €5 billion. Mr. Corrigan indicated in response to an earlier question from Deputy Michael McGrath that we held approximately €19 billion in cash in December and are planning to go to the market for a further €7.5 billion....

Written Answers — Department of Foreign Affairs and Trade: Ministerial Meetings (24 Jan 2013)

Kevin Humphreys: To ask the Tánaiste and Minister for Foreign Affairs and Trade if he or his officials met any representatives of the tobacco industry in the last six months; and if he will make a statement on the matter. [3621/13]

Written Answers — Department of Finance: Ministerial Meetings (24 Jan 2013)

Kevin Humphreys: To ask the Minister for Finance if he or his officials met any representatives of the tobacco industry in the last six months; and if he will make a statement on the matter. [3620/13]

Written Answers — Department of Education and Skills: Ministerial Meetings (24 Jan 2013)

Kevin Humphreys: To ask the Minister for Education and Skills if he or his officials met any representatives of the tobacco industry in the last six months; and if he will make a statement on the matter. [3618/13]

Written Answers — Department of Public Expenditure and Reform: Ministerial Meetings (24 Jan 2013)

Kevin Humphreys: To ask the Minister for Public Expenditure and Reform if he or his officials met any representatives of the tobacco industry in the last six months; and if he will make a statement on the matter. [3625/13]

Written Answers — Department of Jobs, Enterprise and Innovation: Ministerial Meetings (24 Jan 2013)

Kevin Humphreys: To ask the Minister for Jobs, Enterprise and Innovation if he or his officials met any representatives of the tobacco industry in the last six months; and if he will make a statement on the matter. [3623/13]

Written Answers — Department of Social Protection: Tobacco Industry Lobbying (24 Jan 2013)

Kevin Humphreys: To ask the Minister for Social Protection if she or her officials met any representatives of the tobacco industry in the last six months; and if she will make a statement on the matter. [3626/13]

Written Answers — Department of Arts, Heritage and the Gaeltacht: Ministerial Meetings (24 Jan 2013)

Kevin Humphreys: To ask the Minister for Arts, Heritage and the Gaeltacht if he or his officials met any representatives of the tobacco industry in the last six months; and if he will make a statement on the matter. [3614/13]

Written Answers — Department of Communications, Energy and Natural Resources: Ministerial Meetings (24 Jan 2013)

Kevin Humphreys: To ask the Minister for Communications, Energy and Natural Resources if he or his officials met any representatives of the tobacco industry in the last six months; and if he will make a statement on the matter. [3616/13]

Written Answers — Department of Environment, Community and Local Government: Ministerial Meetings (24 Jan 2013)

Kevin Humphreys: To ask the Minister for Environment, Community and Local Government if he or his officials met any representatives of the tobacco industry in the last six months; and if he will make a statement on the matter. [3619/13]

Written Answers — Department of Justice and Equality: Ministerial Meetings (24 Jan 2013)

Kevin Humphreys: To ask the Minister for Justice and Equality if he or his officials met any representatives of the tobacco industry in the last six months; and if he will make a statement on the matter. [3624/13]