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Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector: Quarterly Engagement with the Central Bank (4 Oct 2018)

Kieran O'Donnell: The impression at the time was that it could be spread over up to 40 years.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector: Quarterly Engagement with the Central Bank (4 Oct 2018)

Kieran O'Donnell: We suddenly find this is now coming back within three years. The ECB told us that as Ireland refinanced its debt in terms of the IMF programme or any of the other bailout programmes, it would put pressure on the Irish Central Bank to, for want of a better term, tear up the promissory notes. It regarded it as quantitative easing but the ordinary taxpayer is still left with the burden of the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector: Quarterly Engagement with the Central Bank (4 Oct 2018)

Kieran O'Donnell: It is fair to say the current construct that was set up is still costing less than where we are effectively financing it to third party Government debt.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector: Quarterly Engagement with the Central Bank (4 Oct 2018)

Kieran O'Donnell: Will Professor Lane give me any financial reason the Irish Central Bank should speed up the disposal of the promissory notes?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector: Quarterly Engagement with the Central Bank (4 Oct 2018)

Kieran O'Donnell: Based on the trajectory here, we have suddenly gone from this potentially spanning up to 40 years to this possibly being refinanced into third-party government debt within five years in total.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector: Quarterly Engagement with the Central Bank (4 Oct 2018)

Kieran O'Donnell: Professor Lane is probably aware that we also visited the German Sparkasse bank to see its public banking model. My question is not on the Sparkasse model but on the public banking model. Does Mr. Sibley believe there is a need for an expanded public banking model in Ireland as an additional pillar to the mainstream banks? An Post and the credit unions have recently stated that they are...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector: Quarterly Engagement with the Central Bank (4 Oct 2018)

Kieran O'Donnell: They will maintain their individual identity.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector: Quarterly Engagement with the Central Bank (4 Oct 2018)

Kieran O'Donnell: I was referring to public banking rather than a State bank.

Seanad: Copyright and Other Intellectual Property Law Provisions Bill 2018: Second Stage (26 Sep 2018)

Kieran O'Donnell: I thank the Minister of State. We will follow with debate in the normal pattern. Group spokespersons will have eight minutes and all other Senators will have five minutes.

Seanad: Order of Business (25 Sep 2018)

Kieran O'Donnell: Members have referred to the recent announcement of winners in the Tidy Towns competition. In Limerick, we are proud five communities won bronze medals, Castleconnell, Limerick city centre, Newcastle West, Galbally and Ardpatrick. Adare and Garrienderk were also mentioned for county awards. Birdhill, the winner last year, performed extremely well in the gold medal category. J.P. McManus...

Seanad: Scoping Inquiry into CervicalCheck Screening Programme: Statements (25 Sep 2018)

Kieran O'Donnell: I welcome the report of the scoping inquiry into the CervicalCheck screening programme. I compliment Dr. Scally on the report. The most important people in this are the women themselves. My main concern was to wait and see how the women who have been impacted upon felt about the report. I listened intently to my neighbour Vicky Phelan, to Stephen Teap and to others. They welcomed the...

Seanad: Commencement Matters: School Transport (19 Sep 2018)

Kieran O'Donnell: I welcome the Minister of State, Deputy Halligan, to the House and thank him for taking this important debate. I have already spoken to the Minister of State on the matter. In Limerick, we have an issue in the Caherconlish, Ballyneety, Donaghmore and Fedamore area, which is outside Limerick city. Students of the local school, John the Baptist community school in Hospital, are unable to get...

Seanad: Commencement Matters: School Transport (19 Sep 2018)

Kieran O'Donnell: Can we speak here?

Seanad: Commencement Matters: School Transport (19 Sep 2018)

Kieran O'Donnell: I have a very specific question about St. John the Baptist school and hospital in County Limerick and about the Caherconlish, Ballyneety, Donaghmore and Fedamore areas.In my view, these concessionaries should be eligible because as we have a common applications system in the city, many of them will not be eligible for those schools anyway. Their local school is St. John the Baptist. An...

Seanad: Commencement Matters: Schools Building Projects Status (10 Jul 2018)

Kieran O'Donnell: This matter concerns the need for the Minister for Education and Skills to provide an update on the next step for the construction of a new state-of-the-art school building for Mungret community college, Mungret, County Limerick. Mungret community college was established in August 2017 as a new school for the Mungret, Raheen and Dooradoyle areas. It is under the principalship of Liam...

Seanad: Commencement Matters: Schools Building Projects Status (10 Jul 2018)

Kieran O'Donnell: I thank the Minister of State for that update. I very much welcome that the service level agreement was issued to Limerick and Clare Education and Training Board on 5 July. I have no doubt it will wing its way back to the Department very quickly and allow it to appoint the design team. I commend the school, its principal, Liam O'Mahoney, chairman of the board, Councillor Daniel Butler and...

Seanad: Commencement Matters: Schools Building Projects Status (10 Jul 2018)

Kieran O'Donnell: I thank the Minister of State. I will keep an eye on these matters to ensure the building of Mungret Community College and the acquisition of the site on the Mungret Park grounds from Limerick City and County Council proceed as quickly as possible. This is a tremendous addition to the educational fabric of Limerick and the Mungret, Dooradoyle and Raheen area. It is something parents...

Seanad: Order of Business (10 Jul 2018)

Kieran O'Donnell: He has Limerick connections.

Seanad: Order of Business (10 Jul 2018)

Kieran O'Donnell: I join with Senator Rose Conway-Walsh in her congratulations to Harry Kane. His grandmother was from Caherconlish and Caherline. In what might be a good omen for Limerick hurling, his great-great-grandfather was a member of the first all-Ireland hurling team for Limerick in 1897, so that could augur well for Limerick in the hurling final this year.

Seanad: Order of Business (10 Jul 2018)

Kieran O'Donnell: My own grandmother is from Caherconlish.

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