Results 48,981-49,000 of 49,836 for speaker:Stephen Donnelly
- European Council: Statements (13 Feb 2013)
Stephen Donnelly: In the light of the promissory notes vote we are taking tomorrow which is critical for Ireland, I note that the President of the European Council, Herman Van Rompuy, said, "This compromise shows a sense of collective responsibility from Europe's leaders." We in Ireland understand this. In a time of deep economic crisis Fianna Fáil, on behalf of the people, committed €35 billion...
- Promissory Notes: Motion (12 Feb 2013)
Stephen Donnelly: The Minister clearly does not want the people to hear what I am about to say. With the Acting Chairman's assistance, I will try to place the relevant information on the record. Greece asked for a write-down in its sovereign debt and it received a write-down of €110 billion.
- Promissory Notes: Motion (12 Feb 2013)
Stephen Donnelly: Spain requested that its citizens should not be asked to capitalise its banks and the ESM was specifically established to ensure that they would not be obliged to do so. Portugal requested that there would be a reduction in its borrowing costs and received one, even though our Government claims credit for this. Iceland requested that it not be obliged to pay the debts of its banks and it...
- Promissory Notes: Motion (12 Feb 2013)
Stephen Donnelly: On a point of order, the Order of Business for the day indicates that this debate should continue until the opening statements of all the spokespersons have concluded.
- Promissory Notes: Motion (12 Feb 2013)
Stephen Donnelly: With respect, I was interrupted on a number of occasions.
- Promissory Notes: Motion (12 Feb 2013)
Stephen Donnelly: The ECB asked for many things, including the abolition of the promissory notes, the socialisation of the banking debt and full return of the moneys advanced. It got everything it requested. We know that it is relevant that one should ask for what one wants. Let us consider what the Cabinet is asking for in the motion. It is asking that we should welcome a deal which turns banking debt...
- Promissory Notes: Motion (12 Feb 2013)
Stephen Donnelly: I cannot quite believe that this is happening to the Irish people, notwithstanding the efforts of the Government. When the dust has settled, €142 billion of senior debt, guaranteed in 2008, will end up being paid; €35 billion committed to Anglo and Irish Nationwide will end up being paid. All this is to be paid by the Irish people. The motion before the House asks Dáil...
- Promissory Notes: Motion (12 Feb 2013)
Stephen Donnelly: They are also now borrowing at 0.5%-----
- Promissory Notes: Motion (12 Feb 2013)
Stephen Donnelly: -----which is one seventh the level of the debt we-----
- Promissory Notes: Motion (12 Feb 2013)
Stephen Donnelly: With respect-----
- Promissory Notes: Motion (12 Feb 2013)
Stephen Donnelly: I will not take lectures from the Minister on misleading the Irish people. His figures are a comedy of errors.
- Promissory Notes: Motion (12 Feb 2013)
Stephen Donnelly: Greece asked for a write-down and got a write-down of €110 billion. That is a fact.
- Promissory Notes: Motion (12 Feb 2013)
Stephen Donnelly: That is a fact, no matter how much the Minister complains.
- Promissory Notes: Motion (12 Feb 2013)
Stephen Donnelly: Spain asked that it would not recapitalise its own banks and the request was granted. The truth obviously upsets the Minister. Being exposed to the truth upsets him.
- Promissory Notes: Motion (12 Feb 2013)
Stephen Donnelly: I did not interrupt the Minister's comedy of figures which he proposed. He might do the same in return.
- Written Answers — Department of Justice and Equality: Personal Insolvency Act (12 Feb 2013)
Stephen Donnelly: To ask the Minister for Justice and Equality if he will provide an update regarding the personal insolvency service; if the service will be operational by March; if not, when the service will be operational; and if he will make a statement on the matter. [7097/13]
- Written Answers — Department of Transport, Tourism and Sport: Public Transport (12 Feb 2013)
Stephen Donnelly: To ask the Minister for Transport, Tourism and Sport if he will justify the practice of initially registering passenger transport coaches as private vehicles prior to reclassification and subsequent registering and taxing as PSVs; and if he will make a statement on the matter. [7059/13]
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Stephen Donnelly: As the longest serving Member of this House, the Taoiseach knows better than anyone that it is the constitutional obligation of Dáil Éireann to hold the Cabinet to account. He stated earlier that there is €40 billion at stake in this legislation and I ask fellow Members how we are fulfilling our constitutional obligation this evening in this way. This is a highly technical...
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Stephen Donnelly: That means the Minister will be able to sit down with Governor Honohan and the President of the European Central Bank, Mr. Mario Draghi, and say, "Let us all agree to turn this €28 billion promissory note into a 40 year bond", and we in this House will have no say. We will have no vote because we will be giving the Minister that authority in this Bill. That issuing of a security is...
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Stephen Donnelly: I want the Minister to withdraw this Bill and come back to the House before the courts open for business in the morning with the minimal legislation needed to protect State assets-----