Results 41-60 of 583 for speaker:Tom Barry

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Minister for Finance (16 Jun 2015)

Tom Barry: A question, please.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Minister for Finance (16 Jun 2015)

Tom Barry: I thank the Minister for making himself available to the committee today and to his officials for the contribution to today's meeting. The discussion has been very useful.

Joint Oireachtas Committee on Agriculture, Food and the Marine: Beef Data and Genomics Programme: Discussion (16 Jun 2015)

Tom Barry: It is good to get this information into the public domain. The scheme has been fraught with confusion. It was introduced in rather a hurry and many people contacted us to say they were not sure whether to participate. The scheme is a good idea and down the road will prove valuable. We need to be very cautious and aware of the best way to implement it. Mr. Gleeson mentioned the low...

Joint Oireachtas Committee on Agriculture, Food and the Marine: Basic Payment Scheme Eligibility: Discussion (16 Jun 2015)

Tom Barry: I welcome the associations and thank them for their presentations. I understand the conundrum in which they find themselves. It does not seem so many years ago that I was in their position applying for installation aid and all that went with it. The system back then was a lot easier, however. One applied for area aid on whatever crops one produced. Once one did it according to the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Single Resolution Fund Bill: Discussion (10 Jun 2015)

Tom Barry: Mr. Carrigan mentioned that the banks would have to contribute towards the fund. Will the level of contribution vary for each bank? Is the total Irish contribution to the single resolution mechanism fund €225 million?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Single Resolution Fund Bill: Discussion (10 Jun 2015)

Tom Barry: How is the level of contribution of each bank decided?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Single Resolution Fund Bill: Discussion (10 Jun 2015)

Tom Barry: Will the formula being applied continue be used or will there be new criteria?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Single Resolution Fund Bill: Discussion (10 Jun 2015)

Tom Barry: Is Mr. Carrigan able to tell the committee what the figures are?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Single Resolution Fund Bill: Discussion (10 Jun 2015)

Tom Barry: Is that a one-off cost or an annual contribution?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Single Resolution Fund Bill: Discussion (10 Jun 2015)

Tom Barry: It is 1% of deposits. Will it be a moving figure? Could it become a constant charge after eight years?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Single Resolution Fund Bill: Discussion (10 Jun 2015)

Tom Barry: If it is to stay at 1% of deposits, if they increase, the fund will have to increase, otherwise it would become a lower percentage of deposits.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Single Resolution Fund Bill: Discussion (10 Jun 2015)

Tom Barry: Therefore, if there is not enough in the fund, we might have to continue to make contributions.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Single Resolution Fund Bill: Discussion (10 Jun 2015)

Tom Barry: Does Mr. Carrigan see it becoming an additional cost to the regular citizen, given that the banks will have to earn it?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Single Resolution Fund Bill: Discussion (10 Jun 2015)

Tom Barry: It is a threefold increase.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Single Resolution Fund Bill: Discussion (10 Jun 2015)

Tom Barry: This is like insurance to cover any bank that will fail in the future and ensure taxpayers will not have to pay directly from any country. Who will decide whether a bank merits a bailout?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Single Resolution Fund Bill: Discussion (10 Jun 2015)

Tom Barry: Is it almost a type of credit insurance?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Single Resolution Fund Bill: Discussion (10 Jun 2015)

Tom Barry: Is 1% sufficient? Would it have prevented the economic meltdown we have experienced had it been in place at the time?

Joint Oireachtas Committee on Agriculture, Food and the Marine: Scrutiny of EU Legislative Proposals (9 Jun 2015)

Tom Barry: I welcome the witnesses. It is hard to know where to start with this except to be direct in my approach. I have severe reservations about genetically modified material for a number of reasons. I qualified as a biochemist and at that stage, in the late 1980s and early 1990s, the human genome was sequenced. I did a PhD on homology modelling, which was something similar to what we are...

Joint Oireachtas Committee on Agriculture, Food and the Marine: Scrutiny of EU Legislative Proposals (9 Jun 2015)

Tom Barry: I am sorry but could I get clarification on this? Does Mr. Canning not consider that this is handing over a huge element of our objections and, therefore, we would find it difficult to object because EFSA is regarded as the expert and our concerns would be overridden?

Joint Oireachtas Committee on Agriculture, Food and the Marine: Scrutiny of EU Legislative Proposals (9 Jun 2015)

Tom Barry: I do not agree that health risks should be taken out and EFSA should be regarded as the authority.