Results 15,141-15,160 of 26,043 for speaker:Kieran O'Donnell

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Kieran O'Donnell: And looking into your crystal ball - and you spoke about boom and bust - what do you believe are ... where do you see Ireland going over the next number of years and what are the red and amber lights that should be, we'll say, avoided?

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Kieran O'Donnell: Welcome, Minister Noonan. The initial projected cost of the bailout has subsequently been mitigated by reductions to interest rates and various loans making up the bailout package. Okay, this is Vol. 1, page 139 to 140. Can you quantify the total savings arising to date as a result of the interest rate reductions? Can you outline any major obstacles encountered in securing these...

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Kieran O'Donnell: There were two latter points: the major obstacle encounters and-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Kieran O'Donnell: And ... or do you believe there are further opportunities, or at this stage has all been exhausted?

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Kieran O'Donnell: Currently.

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Kieran O'Donnell: So you see no further scope?

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Kieran O'Donnell: Can I lead into the promissory note?

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Kieran O'Donnell: But that would be in the normal course of business for a Government rather than a programme.

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Kieran O'Donnell: In the limited time I have, Minister, can I just lead into the "pro notes", the promissory notes, and the two points I might refer to are Vol. 1, page 3 and then Vol. 1, page 31. Vol. 1, page 3, Minister, is the ... it looks to me like ... it's an EMC memo around ... dated 10 October 2012 around the idea of the pro note. And it speaks about a 40-year Government bond should be acceptable to...

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Kieran O'Donnell: Yes. Interest would come back to the State circle.

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Kieran O'Donnell: Yes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Kieran O'Donnell: Yes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Kieran O'Donnell: And how long do you anticipate, Minister, that-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Kieran O'Donnell: Maturities.

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Kieran O'Donnell: Yes, that's all in the schedule.

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Kieran O'Donnell: Yes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Kieran O'Donnell: Yes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Kieran O'Donnell: Fine.

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Kieran O'Donnell: But the main programmes-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Kieran O'Donnell: Fine.