Results 18,161-18,180 of 27,945 for speaker:Michael McGrath

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

Michael McGrath: Thanks, Chair. Mr. Doyle, just picking up on what Deputy O'Donnell was saying there about Merrill Lynch, can I ask you, in your view, was there one clear recommendation from Merrill Lynch on the eve of the guarantee as to what action should be taken? We've all read the memos and reports and there's a lot of, "On the one hand and on the other hand." Was there one clear recommendation as to...

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

Michael McGrath: And apart from that? In terms of options, say, to implement that?

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

Michael McGrath: So, is it unfair to say that the decision taken was against the advice of Merrill Lynch? Or is it fair to say?

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

Michael McGrath: A number of weeks later, Mr. Doyle, Merrill Lynch presented some reconsiderations for recapitalising Irish financial institutions and, in essence, they estimated that, dependent on the level of impaired loans "cumulative capital requirements will range from €6.6 billion, at the current estimate at impairment rates, to a maximum of €13.1 billion", based on Merrill's own analysis,...

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

Michael McGrath: Final question, Chair, is just on the issue of ... of fiscal policy in the Department during your tenure, Mr. Doyle. And Governor Honohan makes a number of criticisms, as you know, in terms of fiscal policy in his report. But there's one reference on page 30 of his report where he says: "And, in a final twist, real expenditure rose by over 11 per cent in both 2007 and 2008, an unfortunate...

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

Michael McGrath: Yes, well, I think it's outturn really.

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

Michael McGrath: Yes, please.

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

Michael McGrath: In the June budget strategy memo is it?

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

Michael McGrath: Just to clarify, when you said the recommended increase in expenditure, are you referring to the budget strategy memo from the summer, from June? Is that what you are referring to?

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

Michael McGrath: Okay. Thank you.

Written Answers — Department of Finance: IBRC Expenditure (16 Jun 2015)

Michael McGrath: 230. To ask the Minister for Finance if he will provide a breakdown of the legal and professional fees incurred by the Irish Bank Resolution Corporation in relation to the ongoing legal dispute between the corporation and a family (details supplied), the said fees, including fees paid to solicitors, barristers, accountants, expert witnesses, information and technology consultants, nominee...

Written Answers — Department of Finance: IBRC Expenditure (16 Jun 2015)

Michael McGrath: 231. To ask the Minister for Finance if he will provide a breakdown of fees paid to barristers, senior and junior counsel, by the Irish Bank Resolution Corporation for each of the years 2011 to 2014, including the name of, and amount paid to, each recipient; and if he will make a statement on the matter. [23025/15]

Written Answers — Department of Finance: Banking Sector (16 Jun 2015)

Michael McGrath: 235. To ask the Minister for Finance his views on the independent review carried out by a company (details supplied) of certain matters pertaining to Ulster Bank; if he is satisfied with the number of files which were reviewed and the number of customers interviewed, as part of the review; and if he will make a statement on the matter. [23057/15]

Written Answers — Department of Public Expenditure and Reform: Pension Provisions (16 Jun 2015)

Michael McGrath: 289. To ask the Minister for Public Expenditure and Reform the position regarding the unwinding of the public service pension reduction for existing pensioners in payment; and if he will make a statement on the matter. [23099/15]

Written Answers — Department of Justice and Equality: Legislative Programme (16 Jun 2015)

Michael McGrath: 432. To ask the Minister for Justice and Equality the position regarding the Criminal Law (Sexual Offences) Bill 2014; when the Bill will be enacted; and if she will make a statement on the matter. [23056/15]

Written Answers — Department of Health: Medical Card Administration (16 Jun 2015)

Michael McGrath: 554. To ask the Minister for Health when he expects free general practitioner care to be available to all those over 70 years of age; and if he will make a statement on the matter. [23100/15]

Written Answers — Department of Finance: Tax Credits (11 Jun 2015)

Michael McGrath: 75. To ask the Minister for Finance if an incapacitated child tax credit may be claimed in circumstances where a qualifying adult is not living with a surviving parent, but is supported to some extent by that parent; and if he will make a statement on the matter. [22790/15]

Written Answers — Department of Finance: Fiscal Policy (11 Jun 2015)

Michael McGrath: 86. To ask the Minister for Finance his views on the finding of the Irish Fiscal Advisory Council that the Stability Programme Update 2015 sets out a plan that lowers the budget deficit by just 0.3% of gross domestic product in 2016, thus falling short of requirements on a forward-looking basis; and if he will make a statement on the matter. [22921/15]

Written Answers — Department of Finance: Fiscal Policy (11 Jun 2015)

Michael McGrath: 87. To ask the Minister for Finance if projections for the deficit for 2017 and subsequent years in the Spring Economic Statement and the Stability Programme Update 2015 are based on anticipated neutral budgets post-2016, or if they incorporate promised tax and expenditure measures of up to €1.5 billion per annum; and if he will make a statement on the matter. [22922/15]

Written Answers — Department of Finance: Fiscal Policy (11 Jun 2015)

Michael McGrath: 90. To ask the Minister for Finance the projected deficit in 2016, 2017 and 2018 on a no-policy-change basis and, separately, based on policies envisaged by the Government; and if he will make a statement on the matter. [22926/15]