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Written Answers — Department of Jobs, Enterprise and Innovation: Covid-19 Pandemic Supports (7 Jul 2020)

Pearse Doherty: 47. To ask the Minister for Jobs, Enterprise and Innovation the number of applications for loans under the Covid-19 working capital loan scheme that have been rejected by lenders since 23 March 2020. [14641/20]

Written Answers — Department of Jobs, Enterprise and Innovation: Covid-19 Pandemic Supports (7 Jul 2020)

Pearse Doherty: 48. To ask the Minister for Jobs, Enterprise and Innovation the number of applications for loans under the Covid-19 business loan scheme operated by Microfinance Ireland that have been rejected by lenders since 23 March 2020. [14642/20]

Written Answers — Department of Finance: Wage Subsidy Scheme (7 Jul 2020)

Pearse Doherty: 190. To ask the Minister for Finance the planned tax treatment for Covid-19 pandemic unemployment payments, particularly in which the tax liability for those payments exceeds unused personal and PAYE tax credits for 2020; the planned tax treatment for payments made through the temporary wage subsidy scheme particularly in which the tax liability for those payments exceeds unused personal and...

Written Answers — Department of Education and Skills: Covid-19 Pandemic Supports (7 Jul 2020)

Pearse Doherty: 406. To ask the Minister for Education and Skills her views on the situation many students face due to the lack of income and employment available to them over the summer months which might otherwise have been available; if she is considering income supports for such students; and if she has had discussions with the Minister for Employment Affairs and Social Protection in connection with the...

Written Answers — Department of Health: Covid-19 Tests (7 Jul 2020)

Pearse Doherty: 686. To ask the Minister for Health the number of HSE and private home support staff who were tested for Covid-19 by county; the number that remain to be tested by county in tabular form in 2020; and if he will make a statement on the matter. [13866/20]

Written Answers — Department of Health: Hospital Appointments Status (7 Jul 2020)

Pearse Doherty: 718. To ask the Minister for Health when a person (details supplied) in County Donegal will receive a date for an operation; and if he will make a statement on the matter. [13967/20]

Written Answers — Department of Health: Hospital Appointments Status (7 Jul 2020)

Pearse Doherty: 719. To ask the Minister for Health when a person (details supplied) in County Donegal will receive an appointment to attend for physiotherapy; and if he will make a statement on the matter. [13968/20]

Written Answers — Department of Health: Health Services Provision (7 Jul 2020)

Pearse Doherty: 847. To ask the Minister for Health when paediatric physiotherapy services will resume in a Dungloe Community Hospital, County Donegal; and if he will make a statement on the matter. [14422/20]

Special Committee on Covid-19 Response: Impact of Covid-19: Overall Fiscal and Monetary Position (7 Jul 2020)

Pearse Doherty: I welcome our guests. My colleagues will ask more questions later, but I will focus on two issues regarding the impact on consumers of Covid-19. I am sure that Mr. Makhlouf is aware of the response, issued on 22 June, of the deputy governor of the Central Bank to detailed questions from me. In that response, Ms Sharon Donnery, the deputy governor, stated that the EBA guidelines do allow...

Special Committee on Covid-19 Response: Impact of Covid-19: Overall Fiscal and Monetary Position (7 Jul 2020)

Pearse Doherty: That is fine. To clarify, does that mean that interest does not need to be charged to prevent the loan being considered as going into default?

Special Committee on Covid-19 Response: Impact of Covid-19: Overall Fiscal and Monetary Position (7 Jul 2020)

Pearse Doherty: Does that mean that interest is not required to accrue to prevent default or a credit rating impact on the customer?

Special Committee on Covid-19 Response: Impact of Covid-19: Overall Fiscal and Monetary Position (7 Jul 2020)

Pearse Doherty: Is it the case that interest is not required to accrue to prevent default or a credit rating impact on the customer?

Special Committee on Covid-19 Response: Impact of Covid-19: Overall Fiscal and Monetary Position (7 Jul 2020)

Pearse Doherty: Has the Central Bank ever required lenders to allow for the accrual of interest during that period? Has it advised or required lenders to have interest accruing during the payment break period?

Special Committee on Covid-19 Response: Impact of Covid-19: Overall Fiscal and Monetary Position (7 Jul 2020)

Pearse Doherty: Will Mr. Makhlouf comment on the meeting that took place between the Taoiseach, the Minister for Finance, Deputy Donohoe, and the Minister for Business, Innovation and Enterprise, Deputy Humphreys, and the heads of the five retail banks in this State, and also including Mr. Brian Hayes, who represents the industry through the Banking & Payments Federation Ireland. I will quote some...

Special Committee on Covid-19 Response: Impact of Covid-19: Overall Fiscal and Monetary Position (7 Jul 2020)

Pearse Doherty: Regarding those minutes, can Mr. Makhlouf clarify that those statements are not accurate, that the regulator never required interest to be accrued, that it would not trigger a default, and that it would not trigger a credit mechanism? Is that the case?

Special Committee on Covid-19 Response: Impact of Covid-19: Overall Fiscal and Monetary Position (7 Jul 2020)

Pearse Doherty: Is the Governor familiar with the position taken by a number of other European jurisdictions? I think the Commission's report referred to about 12 European jurisdictions where the cost is borne by the banks as opposed to the consumers, including in Germany, Italy, Spain and Belgium. Very interestingly in Belgium KBC Bank voluntarily has not charged interest to low-income borrowers during...

Special Committee on Covid-19 Response: Impact of Covid-19: Overall Fiscal and Monetary Position (7 Jul 2020)

Pearse Doherty: When the chief executive of the Banking and Payments Federation of Ireland, Mr. Brian Hayes, noted at the meeting that the approach being taken here was the same as across Europe and was in line with the rules the banks were obligated to follow, that was not necessarily true because as Mr. Makhlouf said, there are various approaches across Europe and indeed many jurisdictions did not charge...

Special Committee on Covid-19 Response: Impact of Covid-19: Overall Fiscal and Monetary Position (7 Jul 2020)

Pearse Doherty: I want Mr. Makhlouf to give me his view of the Central Bank's approach. Is it the case that the approach here is the same as across Europe, because he just said there are varying approaches across Europe, some as a result of legislation and some done voluntarily-----

Special Committee on Covid-19 Response: Impact of Covid-19: Overall Fiscal and Monetary Position (7 Jul 2020)

Pearse Doherty: -----with many jurisdictions not charging interest?

Special Committee on Covid-19 Response: Impact of Covid-19: Overall Fiscal and Monetary Position (7 Jul 2020)

Pearse Doherty: Those guidelines allowed for interest to be accrued or interest to not be accrued.

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