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Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: European Monetary Policy: Exchange of Views with Mr. Mario Draghi (8 Nov 2018)

Paul Murphy: The last time I had a chance to question Mr. Draghi was in the European Parliament in December 2011. At that time I asked him about the ransom note that he and Mr. Trichet had sent to the then Italian Government-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: European Monetary Policy: Exchange of Views with Mr. Mario Draghi (8 Nov 2018)

Paul Murphy: The ransom note. The letter which contained the whole series of-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: European Monetary Policy: Exchange of Views with Mr. Mario Draghi (8 Nov 2018)

Paul Murphy: It is not the only ransom note which the ECB has sent. It had the character of a ransom note. It was a series of requests for austerity measures with a clear implication that the ECB would not buy bonds if they were not implemented. I asked about that letter to explore the undemocratic role which the ECB was then playing in the service of a model of authoritarian neoliberalism, which was...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: European Monetary Policy: Exchange of Views with Mr. Mario Draghi (8 Nov 2018)

Paul Murphy: I do not agree with Mr. Draghi's assessment of what the ECB has done. It is a fact that the ECB-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: European Monetary Policy: Exchange of Views with Mr. Mario Draghi (8 Nov 2018)

Paul Murphy: I would like to see an ECB that is under democratic control as opposed to the illusion of independence, which in reality means that it acts in the interests of the big banks. Mr. Draghi said that the ECB is not into dictating policy. He should read the letter he wrote to the Italian Government at the end of 2011 or the letter his predecessor wrote to the Minister for Finance here which...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: European Monetary Policy: Exchange of Views with Mr. Mario Draghi (8 Nov 2018)

Paul Murphy: Mr. Draghi can respond to that.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: European Monetary Policy: Exchange of Views with Mr. Mario Draghi (8 Nov 2018)

Paul Murphy: Yes, I will.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: European Monetary Policy: Exchange of Views with Mr. Mario Draghi (8 Nov 2018)

Paul Murphy: It was reported by Reuters today.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: European Monetary Policy: Exchange of Views with Mr. Mario Draghi (8 Nov 2018)

Paul Murphy: It says that the Italian Government could face fines-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: European Monetary Policy: Exchange of Views with Mr. Mario Draghi (8 Nov 2018)

Paul Murphy: -----if it does not accept the diktats of the European Commission.

Ceisteanna ar Reachtaíocht a Gealladh - Questions on Promised Legislation (8 Nov 2018)

Paul Murphy: I offer Solidarity-People Before Profit's sympathy and solidarity to Mícheál Ó Súilleabháin's friends and family. With regard to promised legislation, I want to ask about the Employment (Miscellaneous Provisions) Bill 2017, in particular those provisions relating to bogus self-employment, on which an amendment was passed against the wishes of the Government. I do...

Ceisteanna ó Cheannairí (Atógáil) - Leaders' Questions (Resumed) (8 Nov 2018)

Paul Murphy: Take it from Apple.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2018: Committee Stage (Resumed) (8 Nov 2018)

Paul Murphy: I move amendment No. 187:In page 142, between lines 19 and 20, to insert the following:“Report on taxation system 60.The Minister shall, within six months of the passing of this Act, prepare and lay before Dáil Éireann a report on the impact of the taxation system on inequality and propose measures to make the taxation system fair and progressive.”. The Minister and...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2018: Committee Stage (Resumed) (8 Nov 2018)

Paul Murphy: I am moving it but not speaking extensively on it. I will speak on the next amendment slightly more.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2018: Committee Stage (Resumed) (8 Nov 2018)

Paul Murphy: I move amendment No. 188:In page 142, between lines 19 and 20, to insert the following:“Report on bogus self-employment 60.The Minister shall, within one month of the passing of this Act, prepare and lay before Dáil Éireann a report on the scale of bogus self-employment and measures that can be taken to prevent bogus self-employment.”. I will speak more extensively...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2018: Committee Stage (Resumed) (8 Nov 2018)

Paul Murphy: The Minister has a report and that is great. How much does Revenue lose yearly as a result of bogus self-employment? If the Government claims it is serious about this issue, that it accepts the report, why is the Department of Employment Affairs and Social Protection not keeping records of cases of bogus self-employment that it finds?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2018: Committee Stage (Resumed) (8 Nov 2018)

Paul Murphy: Is it not problematic that the Minister's answer is so algebraic, namely, "If it is this of this, then it is this"? That is just maths, not a report. We are supposed to have a report to find out what the problems are. The Minister does not have an estimate of how much money is lost by the State. He is only able to tell me that if it is this, then it is this. That is fine, but it is not...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2018: Committee Stage (Resumed) (8 Nov 2018)

Paul Murphy: I move amendment No. 191:In page 142, between lines 19 and 20, to insert the following: “Report on impact of Real Estate Investment Trusts60. The Minister shall, within one month of the passing of this Act, prepare and lay before Dáil Éireann a report on the impact of REITs in increasing the cost of housing.”.

Joint Oireachtas Committee on Social Protection: Bogus Self-Employment: Discussion (8 Nov 2018)

Paul Murphy: I congratulate the committee on taking up this issue. Like other members, I am shocked the Department is not keeping records of bogus self-employment. Such an approach is the definition of putting one's head in the sand when there is this massive perceived issue. I accept the Department has said that the perception is greater than the reality. I would be very surprised, with the benefit...

Agreement with Kazakhstan: Motion (6 Nov 2018)

Paul Murphy: This agreement and the fact that Fine Gael and Fianna Fáil support it tell us everything we need to know about the truth of European Union trade policy. It is only words and empty rhetoric when it comes to human rights. In its actions the European Union is concerned about profits for big EU companies. It is concerned about market access and willing to dress it up in whatever language...

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