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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)

Pearse Doherty: -----he is ruthless and will hike up the interest rates.

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

Pearse Doherty: Obviously, I am sure that he would really give me the interest holiday as well. The problem is that these vultures have no interest in the type of restructuring in which some of the main banks engage. Vultures have short-term interests whereas banks have a long-term interest. They want people's deposits, people's children's accounts, student accounts and so on. That is why we expect it to...

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

Pearse Doherty: Is Mr. Sibley just referring to repossessions?

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

Pearse Doherty: I am asking about this because, whereas the banks would make arrangements, asset appreciation must be recognised as a factor. It makes sense for the vultures to sit back while the assets increase in value.

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

Pearse Doherty: I accept that, and we have continually made that point to individuals, but there is the other issue.

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

Pearse Doherty: I agree. It is Professor Lane's comment that it is not obvious which way it is going to go that is the problem. There is a huge risk. I have represented people who have had debt write-down.

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

Pearse Doherty: I thank Ms Rowland. Professor Lane made no reference in his presentation to an overheating in the economy or any risk of same. I am aware that none of the agencies, internally or externally, has said the economy is overheating but they have referenced a risk of this happening. When the Irish Fiscal Advisory Council appeared before the committee, it provided us with a report and a heat map,...

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

Pearse Doherty: I welcome that additional work in this area will be published. My concern is in regard to the sharp increase in prices in commercial property. I note Professor Lane's point that they are not increasing at the same rate. I would like to discuss the issue of interest rates and mortgage interest rates. While I acknowledge that a number of lenders have been reducing their interest rates...

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

Pearse Doherty: Professor Lane is aware that there is an ongoing review relating to bankers' pay that is looking at whether the cap of €500,000 is appropriate going into the future. Of course, Bank of Ireland has always breached the latter threshold. Has the Central Bank fed into that review? If he is in a position to do so, will Professor Lane outline his opinion in that regard? This was probably...

Written Answers — Department of Finance: Financial Services Regulation (4 Oct 2018)

Pearse Doherty: 75. To ask the Minister for Finance his views on the emergence of new financial products that involve a service in which the lender buys directly from a shop on behalf of borrowers such as a website (details supplied); the rights of the borrowers in this scenario; and his plans to regulate the products. [40360/18]

Written Answers — Department of Finance: Tax Exemptions (4 Oct 2018)

Pearse Doherty: 77. To ask the Minister for Finance the cost implications of a €500 increase or decrease in the small gift exemption under capital acquisitions tax rules; and if he will make a statement on the matter. [40390/18]

Written Answers — Department of Finance: Insurance Compensation Fund (4 Oct 2018)

Pearse Doherty: 81. To ask the Minister for Finance the timeframe for those awaiting the 100% of their claims following the collapse of a company (details supplied) to receive their money; and if he will make a statement on the matter. [40472/18]

Written Answers — Department of Health: Medicinal Products Reimbursement (4 Oct 2018)

Pearse Doherty: 154. To ask the Minister for Health when a decision will issue in respect of an application by a person (details supplied) to the HSE for the approval and reimbursement of a drug to treat a medical condition; and if he will make a statement on the matter. [40500/18]

Taxation Orders 2018: Motion (3 Oct 2018)

Pearse Doherty: Our position as a party is very clear: double taxation agreements are good. They can allow citizens to work without being taxed twice. They can, however, also be exploited and used as a way of avoiding tax and of exploiting developing countries. Regarding this specific agreement, however, has the Minister of State made any estimate of the amount of unrelieved double taxation Irish...

Taxation Agreement: Motion (3 Oct 2018)

Pearse Doherty: Gabhaim buíochas fá choinne an deis labhartha ar an rún seo atá os comhair an Tí anocht. Tá Sinn Féin ag tabhairt tacaíochta don rún seo. Tá sé tábhachtach ó thaobh an phróisis BEPS. Níl sé gan locht. Níl dabht ar bith go bhfuil lochtanna ann. Tá deacrachtaí móra againn ó thaobh an...

Written Answers — Department of Health: Ambulance Service Response Times (3 Oct 2018)

Pearse Doherty: 162. To ask the Minister for Health the average response times taken by ambulance crews to respond to all emergency call-outs in County Donegal during August and September 2018; the number of occasions that the time taken to respond exceeded the average response time; the date on which each exceedance occurred; the reason for same; and if he will make a statement on the matter. [40132/18]

Written Answers — Department of Finance: Banking Sector (2 Oct 2018)

Pearse Doherty: 170. To ask the Minister for Finance the reason some mortgage holders have been written to by their banks demanding photo identification; if there have been recent legal or regulatory changes that provoked these letters; and if he will make a statement on the matter. [39457/18]

Written Answers — Department of Health: Hospital Accommodation Provision (2 Oct 2018)

Pearse Doherty: 373. To ask the Minister for Health further to Parliamentary Question No. 773 of 7 September 2018, if the application submitted by hospital management to have the facility reopened has been formally assessed; the details of the application submitted including costings; when a decision will be made in respect of the application; and if he will make a statement on the matter. [39598/18]

Written Answers — Department of Health: Disability Services Funding (2 Oct 2018)

Pearse Doherty: 374. To ask the Minister for Health the status of an application for capital funding to redevelop a training facility (details supplied) for adults with intellectual disabilities in County Donegal; when a decision in respect of the application will be made; and if he will make a statement on the matter. [39599/18]

Written Answers — Department of Health: Disability Services Funding (2 Oct 2018)

Pearse Doherty: 375. To ask the Minister for Health the progress being made to develop a funding package to sustain and meet the long-term funding needs of a facility (details supplied) that provides training services and supports to children with disabilities and their families in County Donegal; if further discussions between the HSE and the service provider are scheduled to take place; and if he will make...

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