Results 4,901-4,920 of 16,057 for speaker:Mary Coughlan

Leaders' Questions (22 Sep 2009)

Mary Coughlan: There are checks and balances to ensure that if there is any loss - which we do not expect - it will then be a matter for the banks to pay it through the levy.

Leaders' Questions (22 Sep 2009)

Mary Coughlan: There are ongoing investigations by the Garda and the Director of Corporate Enforcement. The Minister for Justice, Equality and Law Reform, Deputy Ahern, has provided additional resources for that investigation as have I to the Director of Corporate Enforcement. This House facilitated additional legislative measures in order for that matter to proceed. I appreciate, and I believe we all...

Leaders' Questions (22 Sep 2009)

Mary Coughlan: Those depositors are very important and are guaranteed by the State. I believe it is appropriate that we continue to support those people. I appreciate very much the Deputy's view with regard to Anglo Irish Bank but it is the considered view of the Government thus far that in NAMA it will deal with many issues appertaining to Anglo Irish Bank. The Minister for Finance alluded to this in...

Leaders' Questions (22 Sep 2009)

Mary Coughlan: The last thing I will do today is speculate about how much will be given to any bank.

Leaders' Questions (22 Sep 2009)

Mary Coughlan: Nor will I say whether what is written in the newspaper is the truth or otherwise.

Leaders' Questions (22 Sep 2009)

Mary Coughlan: Every Member of the House wants to have these investigations completed as quickly as possible. Some of us are here a number of years and we know that these things take time. We also know that comment in this House can have an adverse effect on these investigations. I do not want to see that and neither does anyone else.

Leaders' Questions (22 Sep 2009)

Mary Coughlan: The Deputy would rightly criticise us if we interfered in due process, and I do not think he is asking us to do so. It is a matter for this House to determine the laws of the land under our Constitution. We are proceeding as quickly as possible with regard to the investigation on the basis that it is independent of the political process. If we do not want it to be independent of the...

Leaders' Questions (22 Sep 2009)

Mary Coughlan: I was talking about further nationalisation.

Leaders' Questions (22 Sep 2009)

Mary Coughlan: We have made a decision to nationalise Anglo Irish Bank. I said that I am not prepared to speculate on the amount of money needed. As the Minister indicated in the context of NAMA and in the context of the other two main banks, due diligence is being done and considered on the capital requirements that may be necessary when the NAMA legislation is passed by the House.

Order of Business (22 Sep 2009)

Mary Coughlan: The Order of Business today is No. 13, motion re: referral to Select Committee of proposed approval by Dáil Éireann of the terms of the Convention on the European Forest Institute; No. 2, National Asset Management Agency Bill 2009 - Second Stage (resumed). It is proposed, notwithstanding anything in Standing Orders, that No. 13 shall be decided without debate; Private Members' Business...

Order of Business (22 Sep 2009)

Mary Coughlan: It is a forestry initiative.

Order of Business (22 Sep 2009)

Mary Coughlan: I have some experience of the nitrates directive, which took ten years. We had a considerable time for scrutiny and discussion. I appreciate what Deputy Kenny is saying. As a former Minister, he knows that when a political decision is made by the Council of Ministers the legal interpretation of that decision is the first hurdle, not to mention the transposition of a directive in each...

Order of Business (22 Sep 2009)

Mary Coughlan: I have a few of my own which he would be welcome to. The Whips will determine how the Committee Stage of the NAMA Bill will be dealt with. No date has been set for the budget.

Order of Business (22 Sep 2009)

Mary Coughlan: We will.

Order of Business (22 Sep 2009)

Mary Coughlan: I cannot make up the date of the budget. It has not been decided.

Order of Business (22 Sep 2009)

Mary Coughlan: The decision as to the date of the budget has not been made. With regard to Committee Stage, I have a personal view that one does better work if a Bill is scrutinised, line by line, by a select committee. Nevertheless, there has been no determination as to which process will be used for Committee Stage of the NAMA Bill. There is no proposal to guillotine or prevent discussion on Second...

National Asset Management Agency Bill 2009: Second Stage (Resumed) (17 Sep 2009)

Mary Coughlan: I was re-reading the Lisbon treaty.

National Asset Management Agency Bill 2009: Second Stage (Resumed) (17 Sep 2009)

Mary Coughlan: I wish to share time with the Minister of State at the Department of Foreign Affairs, Deputy Peter Power. I welcome the opportunity to speak on this most important legislation. Some commentators have described this Bill as perhaps the most important legislation to have come before the House in a generation. There is no doubt that we must get it right, not for our own sake, as legislators,...

National Asset Management Agency Bill 2009: Second Stage (Resumed) (17 Sep 2009)

Mary Coughlan: I will say it often enough. I am aware of the markets' reaction today to the Minister's speech, in particular in relation to our two main banks. It is not unexpected that a period of volatility in share prices would follow a significant announcement such as yesterday's and it will be a number of days before its full effects are visible. While the publication of half-year results at midday...

Written Answers — Industrial Development: Industrial Development (16 Sep 2009)

Mary Coughlan: The Industrial Development agencies under the aegis of my Department, IDA Ireland and Enterprise Ireland, together with the Waterford City and County Enterprise Boards, are responsible for enterprise development in County Waterford. In line with the National Spatial Strategy, IDA Ireland is concentrating its efforts in the County on the Gateway City of Waterford and the town of Dungarvan....