Results 1,261-1,280 of 4,928 for speaker:Peter Mathews

Social Clauses in Public Procurement Bill 2013: Second Stage [Private Members] (17 Oct 2014)

Peter Mathews: The banks need to hear it.

Social Clauses in Public Procurement Bill 2013: Second Stage [Private Members] (17 Oct 2014)

Peter Mathews: I thank Deputy McDonald for introducing this proposal, which is both timely and relevant, because €9 billion in contracts represents perhaps the third biggest budget in the State after health and education. Therefore, Members should ensure that the best opportunities are contained within the aforementioned €9 billion for Irish businesses and people. The country has come from a...

Seanad Reform: Motion [Private Members] (16 Oct 2014)

Peter Mathews: I thank Deputy Jonathan O'Brien for one minute he has graciously given me. I support Sinn Féin's motion which has been well thought out. It would give scope and a framework for the start of the reform process. I acknowledge Fianna Fáil's efforts to make a statement on the matter, but it is unnecessary. As for the Government's amendment, I agree with Deputies Jonathan O'Brien...

Seanad Reform: Motion [Private Members] (16 Oct 2014)

Peter Mathews: I support the motion. I am pleased to have heard the contributions of Deputies Michael Colreavy and Jonathan O'Brien, although I am sorry to have missed some of the earlier contributions.

Seanad Reform: Motion [Private Members] (16 Oct 2014)

Peter Mathews: I know that feeling.

European Stability Mechanism (Amendment) Bill 2014: Report Stage (16 Oct 2014)

Peter Mathews: In his reply, the Minister focused on the debt, debt sustainability and the interest on debt of €1 billion out of the total of €8 billion in reference to the banks. I remind the Minister that he dismissed as kindergarten economics "The real effects of debt", a paper by Cecchetti, Mohanty and Zampolli, back in September 2011. However, he should have concentrated on that because...

European Stability Mechanism (Amendment) Bill 2014: Report Stage (16 Oct 2014)

Peter Mathews: This is its core.

European Stability Mechanism (Amendment) Bill 2014: Report Stage (16 Oct 2014)

Peter Mathews: Do you not like that part of the world?

European Stability Mechanism (Amendment) Bill 2014: Report Stage (16 Oct 2014)

Peter Mathews: He was almost elected on a shoestring budget, despite the hundreds of thousands of euro spent by one of the Government parties for its candidate. I accompanied him, with some other Independent Deputies, to visit the office of the Governor of the Central Bank at the end of July to ask these questions and be allowed to attend the ECB and meet its members in order that we could make the case...

European Stability Mechanism (Amendment) Bill 2014: Report Stage (16 Oct 2014)

Peter Mathews: Not at all, I am talking about capital.

European Stability Mechanism (Amendment) Bill 2014: Report Stage (16 Oct 2014)

Peter Mathews: My last sentence was about capital infusion. The ESM-----

European Stability Mechanism (Amendment) Bill 2014: Report Stage (16 Oct 2014)

Peter Mathews: It does not matter; you do not have to like me.

European Stability Mechanism (Amendment) Bill 2014: Report Stage (16 Oct 2014)

Peter Mathews: You do not have to like me; I am making a professional contribution.

European Stability Mechanism (Amendment) Bill 2014: Report Stage (16 Oct 2014)

Peter Mathews: The ESM has a provision for €60 billion in capital.

European Stability Mechanism (Amendment) Bill 2014: Report Stage (16 Oct 2014)

Peter Mathews: I am dealing withy the core of the matter.

European Stability Mechanism (Amendment) Bill 2014: Report Stage (16 Oct 2014)

Peter Mathews: Can I seek clarification from you?

European Stability Mechanism (Amendment) Bill 2014: Report Stage (16 Oct 2014)

Peter Mathews: The ESM has a capital provision of €60 billion. That is what I am discussing. It is not enough.

European Stability Mechanism (Amendment) Bill 2014: Report Stage (16 Oct 2014)

Peter Mathews: We are talking about an application which, of course, should be made. However, it is being made for retrospective capitalisation. These are buzz jargon words that nobody really understands properly. Do you know what retrospective capitalisation means?

European Stability Mechanism (Amendment) Bill 2014: Report Stage (16 Oct 2014)

Peter Mathews: Recapitalisation is refinancing in the form of capital. The detritus from Anglo Irish Bank is approximately €25 billion in promissory bonds. It is a debt with which the people have been saddled, wrongly so. It is a ball and chain. The other two banks still have liabilities to the euro system in the form of balances due to the ECB and the Central Bank of Ireland. A line should be...

European Stability Mechanism (Amendment) Bill 2014: Report Stage (16 Oct 2014)

Peter Mathews: The only reason I decided to be a candidate in a general election was to try to bring some of the facts and correct analysis of what had happened in the Irish economy, and, therefore, to the people, onto the discussion floor in the House. This was preferable to what I had seen to that point, that is to say, Irish representatives from the previous Government and from the current Government...