Results 12,041-12,060 of 15,555 for speaker:Eoghan Murphy

Committee of Inquiry into the Banking Crisis: Context Phase (25 Feb 2015)

Eoghan Murphy: In terms of information flowing directly from the banks to the regulator - in the context of how an external user would understand them - would the risks that were being built up on the balance sheets of the banks have been obvious to the regulator?

Committee of Inquiry into the Banking Crisis: Context Phase (25 Feb 2015)

Eoghan Murphy: If the regulator becomes concerned, he has the power to request more information.

Committee of Inquiry into the Banking Crisis: Context Phase (25 Feb 2015)

Eoghan Murphy: Is it unusual, as happened in 2008, for the regulator to instruct auditing firms to report concerns with liquidity or solvency they might have had from the 2007 audits? Is that an unusual thing?

Written Answers — Department of Finance: Budget Consultation Process (24 Feb 2015)

Eoghan Murphy: 224. To ask the Minister for Finance his plans to further reform the budgetary process; and if he is considering establishing an Oireachtas budgetary oversight office or budgetary scrutiny committee. [8215/15]

Written Answers — Department of Education and Skills: Third Level Fees (24 Feb 2015)

Eoghan Murphy: 560. To ask the Minister for Education and Skills if there is a stipulation that returning expatriates must be resident here for three of the past five years and in secondary education to avail of free fees in third level colleges. [8232/15]

Written Answers — Department of Justice and Equality: Legislative Measures (18 Feb 2015)

Eoghan Murphy: 128. To ask the Minister for Justice and Equality the position regarding heads 10 and 11 of the Children and Family Relationships Bill 2014, in view of certain concerns (details supplied); and if she will make a statement on the matter. [7398/15]

Written Answers — Department of Foreign Affairs and Trade: Citizenship Applications (18 Feb 2015)

Eoghan Murphy: 190. To ask the Minister for Foreign Affairs and Trade if uniform standards are applied, in all cases and in all consulates, in relation to delays to citizenship applications and regarding requirements for birth certificates for those seeking Irish citizenship (details supplied); and if he will make a statement on the matter. [7359/15]

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Eoghan Murphy: In the course of your surveillance of Ireland between 2001 and 2007, did you pay attention to academic articles that were published, work by the ESRI or media articles?

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Eoghan Murphy: So the Commission would pay attention to reports by the ESRI - its medium-term reviews and quarterly economic commentaries?

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Eoghan Murphy: Would the Commission respond to those? For example, the 2005 medium-term review from the ESRI mentioned a lot of problems in the economy that we had talked about in 2001, would the Commission take a view on a report such as that coming from a country?

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Eoghan Murphy: When you made those visits to Ireland - to speak with John FitzGerald of the ESRI, for example - did such people convey any warnings or serious concerns they had about the economy at the time, in the period from 2005 to 2007?

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Eoghan Murphy: Were you asked by the ESRI to intervene with the Government in relation to fiscal policy?

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Eoghan Murphy: You do not remember from those meetings?

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Eoghan Murphy: When John FitzGerald was before this committee, his recollection was that he did ask the Commission to intervene with the Government, but the Commission took the view that it could not.

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Eoghan Murphy: When you were in Ireland having discussions with the ESRI and talking about its reports, did your discussions inspire confidence in the opinions it was giving in its quarterly economic commentaries?

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Eoghan Murphy: And would you interact with the IMF and its staff reports on the country?

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Eoghan Murphy: I am looking at the critical opinion from the Council in 2001. It is clear there is a risk to monetary union and that prudent fiscal policy is the means to counter these risks. It is also clear that Ireland was not pursuing prudent fiscal policy in 2001. How is the Council opinion of 2001 not still relevant in 2005, 2006 and 2007, given what the ESRI and the IMF were both saying at the time?

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Eoghan Murphy: It was the Commission's responsibility to say that to the country, despite how it was growing.

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Eoghan Murphy: I thank Dr. Donovan for his presence here today. In an article in The Guardian in 2011, Dr. Donovan said the IMF was open to rescheduling of debt, whereas the EU was muddling through as it had not been involved in such bailouts before. In respect of the first part of that sentence, the rescheduling of debt, was it previously IMF policy, when engaging in a rescue, to reschedule, restructure...

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Eoghan Murphy: Is it unusual for the approach to rescheduling not to be taken in this context? In the Irish context, was it unusual for the US Treasury to step in and change the normal approach of the IMF?