Results 4,721-4,740 of 7,082 for speaker:John Paul Phelan
- Written Answers — Banking Sector Regulation: Banking Sector Regulation (15 Dec 2011)
John Paul Phelan: Question 80: To ask the Minister for Finance the names and details of the directors of the private commercial banks who have been given money by the Government operating here; if he will name the public interest directors on the bank boards in Ireland; if they issue publicly available reports on their job performance or copies of the written conditions of employment and contractual...
- Written Answers — Banking Sector Regulation: Banking Sector Regulation (15 Dec 2011)
John Paul Phelan: Question 81: To ask the Minister for Finance the persons or groups responsible for ensuring compliance with statutory and code of practice regulation of banks and other financial institutions; if he will confirm whether the Governor of the Central Bank and the Financial Regulator have written contracts of employment with clear performance related conditions; within that contract, is there a...
- Written Answers — Banking Sector Regulation: Banking Sector Regulation (15 Dec 2011)
John Paul Phelan: Question 82: To ask the Minister for Finance if he will provide the legal definition of a bank in Ireland; and the legal definition of a banker. [40667/11]
- Written Answers — Banking Sector Regulation: Banking Sector Regulation (15 Dec 2011)
John Paul Phelan: Question 84: To ask the Minister for Finance if there are copies of the licences necessary for banks to operate here readily available; are the licence conditions governing foreign banks operating in Ireland different from those of the Irish banks; if it is possible to trade as a bank in Ireland without a licence; the persons responsible for monitoring banks compliance with the conditions of...
- Written Answers — Banking Sector Regulation: Banking Sector Regulation (15 Dec 2011)
John Paul Phelan: Question 83: To ask the Minister for Finance the assets that underpin the creation of Irish bank notes; are there any legal requirements that loans advanced by banks should be supported by assets or deposits held by those banks; the body that decides the regularity and the quantities of the Irish euro that are printed; the location at which the is euro printed and the way its printing...
- Written Answers — Banking Sector Regulation: Banking Sector Regulation (15 Dec 2011)
John Paul Phelan: Question 85: To ask the Minister for Finance if the fractional reserve banking applies to the banks in the context of their lending policies; if banks are obliged to retain a certain minima of retained deposits relative to their lending volumes and if so the ratios of same; the minima of liquid cash reserves or liquidity ratios financial institutions are obliged to retain in their reserves...
- Bretton Woods Agreements (Amendment) (No. 2) Bill 2011: Second Stage (15 Dec 2011)
John Paul Phelan: The President of Brazil is female.
- Bretton Woods Agreements (Amendment) (No. 2) Bill 2011: Second Stage (15 Dec 2011)
John Paul Phelan: I am glad to have an opportunity to speak in support of the introduction of the Bretton Woods Agreements (Amendment) (No. 2) Bill 2011. I would like to make a few points in response to Deputy Boyd Barrett, who spoke as usual with great passion. I disagreed with virtually everything he said. He made the point that no concrete evidence was produced when he asked people about our growth...
- Bretton Woods Agreements (Amendment) (No. 2) Bill 2011: Second Stage (15 Dec 2011)
John Paul Phelan: Such projections are made on the basis of an analysis of the figures as things stand and a prediction of how things might progress into the future. One cannot have concrete evidence in support of that. I do not understand why the Deputy spoke so passionately about this legislation. Although it is modest in its content, it is quite progressive. It will bring an end to the system whereby...
- Bretton Woods Agreements (Amendment) (No. 2) Bill 2011: Second Stage (15 Dec 2011)
John Paul Phelan: It also increases our quota within the IMF from 0.528% to 0.724%. Some 53% of our borrowings from the IMF will now attract the lower rate of interest. That is positive for Irish citizens and taxpayers. The 2008 quota reform had a smaller effect. It increased our quota from 0.392% to 0.528% and just 19.3% of our borrowings from the IMF attracted the lower interest rate. I am always struck...
- Bretton Woods Agreements (Amendment) (No. 2) Bill 2011: Second Stage (15 Dec 2011)
John Paul Phelan: As a result, most of the public sector would be made redundant. It would have to be done.
- Bretton Woods Agreements (Amendment) (No. 2) Bill 2011: Second Stage (15 Dec 2011)
John Paul Phelan: We have no source of funding other than the IMF and the ECB. They are protecting our public sector and our economy. We have to ensure they are out of here as soon as possible. Deputy Boyd Barrett gave examples of countries where, according to him, the IMF has played a less than positive role. For this country, the most immediate example of a country that received IMF assistance is...
- Bretton Woods Agreements (Amendment) (No. 2) Bill 2011: Second Stage (15 Dec 2011)
John Paul Phelan: That was much later, in fairness. The Deputy is entitled to his views on the person in question. Other issues were raised by other Members. Deputy Mac Lochlainn spoke about the Government's promises. He said that prior to the last election, there was solidarity among all parties other then those in government at the time. He said the current Government promised to renegotiate the IMF...
- Bretton Woods Agreements (Amendment) (No. 2) Bill 2011: Second Stage (15 Dec 2011)
John Paul Phelan: I do not agree with the idea that the IMF is essentially here to attack the public sector. If it did not have a presence in this country, we would be paying extortionate amounts to borrow money on the markets. The reality is that if we were not receiving the support of the IMF, the public sector would be decimated. Perhaps Deputy Boyd Barrett can outline his understanding of the nature of...
- Bretton Woods Agreements (Amendment) (No. 2) Bill 2011: Second Stage (15 Dec 2011)
John Paul Phelan: I fully welcome the introduction of this Bill as a very positive step towards improving the structures of the International Monetary Fund. I remember in secondary school - which was not all that long ago - reading about the Bretton Woods agreement. Thanks to the Oireachtas Library and Information Service I have had the chance to read some more about the agreement in recent days in...
- Written Answers — Agri-Food Industry: Agri-Food Industry (14 Dec 2011)
John Paul Phelan: Question 21: To ask the Minister for Agriculture, Food and the Marine the effect budget 2012 will have on active farmers; and if he will make a statement on the matter. [38946/11]
- Written Answers — Agri-Food Industry: Agri-Food Industry (14 Dec 2011)
John Paul Phelan: Question 60: To ask the Minister for Agriculture, Food and the Marine the support that is being given to active farmers in vulnerable areas following budget 2012 announcements; and if he will make a statement on the matter. [38945/11]
- Social Welfare Bill 2011: Second Stage (8 Dec 2011)
John Paul Phelan: It has not been dropped. Have we a six month winter season?
- Social Welfare Bill 2011: Second Stage (8 Dec 2011)
John Paul Phelan: You are not bad at wailing yourself.
- Social Welfare Bill 2011: Second Stage (8 Dec 2011)
John Paul Phelan: Do not talk about impacting on people after what you did in the previous three years.