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Financial Resolution No. 11: General (Resumed) (8 Apr 2009)

Micheál Martin: I ask the Deputy to stop interrupting.

Financial Resolution No. 11: General (Resumed) (8 Apr 2009)

Micheál Martin: In a policy statement, Fine Gael called for an examination of creative alternatives to recapitalisation which, it argued, might offer a better chance of success and greater protection to the taxpayer. Fine Gael went on to propose the creation of "brand new good banks with clean balance sheets" and so on. Meanwhile, the Labour Party has argued that we must get credit flowing to business,...

Financial Resolution No. 11: General (Resumed) (8 Apr 2009)

Micheál Martin: What the Minister announced yesterday amounts to a creative and radical proposal. It has nothing to do with saving banks or developers. That is an outrageous political slant to put on this debate.

Financial Resolution No. 11: General (Resumed) (8 Apr 2009)

Micheál Martin: It is disreputable for Opposition Members to put forward that claim. They are doing so for base political reasons. Their innuendoes are disgraceful.

Financial Resolution No. 11: General (Resumed) (8 Apr 2009)

Micheál Martin: It is not in the best interests of the country to put forward this false and dishonest presentation of the proposal. Business people know that credit is not flowing to business.

Financial Resolution No. 11: General (Resumed) (8 Apr 2009)

Micheál Martin: The reason for this is the overhang of bad debts. What we are proposing is a creative solution to take out that bad debt and develop clean banks that can begin once more to lend to the economy. If lending is not flowing to the economy, we will not have jobs and we will not have the facility for people to create jobs and develop the economy. Innovative companies need investment in order to...

Financial Resolution No. 11: General (Resumed) (8 Apr 2009)

Micheál Martin: The Minister has said that if the scheme does not make a profit in the next decade-----

Financial Resolution No. 11: General (Resumed) (8 Apr 2009)

Micheál Martin: -----then the banks will be levied to ensure the taxpayer is protected. A similar model was successfully implemented in Sweden in the early 1990s. I urge the Opposition to cease resorting to base political innuendo in regard to this proposal. I welcome any contribution to genuine political debate but Opposition Members should avoid the temptation, which is clearly evident, to drag in other...

Financial Resolution No. 11: General (Resumed). (8 Apr 2009)

Micheál Martin: We have.

Financial Resolution No. 11: General (Resumed). (8 Apr 2009)

Micheál Martin: Yes, we have.

Leaders' Questions (8 Apr 2009)

Micheál Martin: Read on.

Leaders' Questions (8 Apr 2009)

Micheál Martin: If Deputy Gilmore reads on, he will see the answer to the question. Read on.

Leaders' Questions (8 Apr 2009)

Micheál Martin: The rationale is there.

Written Answers — International Agreements: International Agreements (7 Apr 2009)

Micheál Martin: Relations between Ireland and Australia are excellent. Visits and contacts take place on a regular basis. The Minister for Justice, Equality and Law Reform, Dermot Ahern T.D., acting on my behalf, met with Australian Foreign Minister, Stephen Smith M.P., on 3 December 2008, while both Ministers were in Oslo for the signing of the Convention on Cluster Munitions. A range of bilateral and...

Written Answers — Diplomatic Representation: Diplomatic Representation (7 Apr 2009)

Micheál Martin: I would like to take this opportunity to express again my deepest sympathy to the family of the person mentioned by the Deputy. I can assure the Deputy that our Embassy in Ankara and the Consular Division in Dublin provided extensive consular assistance to the family involved. Embassy staff were available at all times to support the family concerned from their arrival in Turkey. Embassy staff...

Written Answers — Departmental Staff: Departmental Staff (7 Apr 2009)

Micheál Martin: The Scheme of Performance-Related Pay Awards in the Civil Service applies to Deputy and Assistant Secretaries and equivalent grades. It does not apply to Secretaries General. The following table sets out the amounts paid for the years 2005 to 2007, inclusive. Year Total Amount Number of staff to whom awards were made 2005 €532,000 46 2006 €609,000 45 2007 €656,000 48 These payments...

Written Answers — Overseas Development Aid: Overseas Development Aid (7 Apr 2009)

Micheál Martin: A number of programmes operating in my Department provide funding to community and voluntary sector organisations: the Reconciliation Fund for North-South and Anglo-Irish Co-operation; the Emigrant Support Programme; the Communicating Europe Initiative and the Irish Aid programme, Ireland's programme of official development assistance. Funding under these programmes is provided on an annual...

Written Answers — Departmental Expenditure: Departmental Expenditure (7 Apr 2009)

Micheál Martin: I propose to take Questions Nos. 217 to 220, inclusive, together. I have set out, in tabular form, figures for entertainment incurred by my Department in Ireland. As requested by the Deputy, the figures have been presented to reflect the period prior to, and since, the most recent Cabinet changes. In the time available, it has not been possible to provide a breakdown of the overall figures in...

Written Answers — Departmental Expenditure: Departmental Expenditure (7 Apr 2009)

Micheál Martin: The table sets out the costs relating to my official mobile telephony service since I was appointed Minister for Foreign Affairs in May 2008. Rental Calls Handset Purchase Other Costs Refunds PDAs Blackberries 2008 €57.06 €980.00 nil €13.31 Car charger nil nil nil 2009 to Date nil €182.25 nil nil nil nil nil My Department avails of the Department of Finance Central Framework for...

Written Answers — Departmental Staff: Departmental Staff (7 Apr 2009)

Micheál Martin: Section 5 of the Financial Emergency Measures in the Public Interest Act allowed for certain public servants to give one month's written notice to terminate their employment before 1 April 2009. No member of staff of my Department has given written notice of termination of their employment under Section 5 of the Act.

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