Results 19,881-19,900 of 36,764 for speaker:Enda Kenny

IFSC Clearing House Group (13 Mar 2012)

Enda Kenny: I recognise, as does the Deputy, that the original concept of the IFSC came from a very important businessman and was implemented by a former Taoiseach, Charles Haughey, who set up the IFSC in the 1980s. It now employs 33,000 people which is a testament to its evolution over a number of Governments and is a very important entity in terms of corporation and payroll taxes. I cannot answer the...

IFSC Clearing House Group (13 Mar 2012)

Enda Kenny: I do not know whether the Clearing House Group discussed it. The Government is opposed to it.

IFSC Clearing House Group (13 Mar 2012)

Enda Kenny: I do not know whether the Clearing House Group discussed it. The Government has made it perfectly clear it is opposed to it. I note President Sarkozy's wish to introduce one on his own or in collaboration with some other countries. Countries are entitled to do that. The Clearing House Group is chaired by the Secretary General of my Department. I will let Deputy Martin know whether there...

IFSC Clearing House Group (13 Mar 2012)

Enda Kenny: The Deputy is deliberately mixing up retail banking transactions and those that take place in the IFSC. If we were to follow the Deputy's advice, we would close down the country completely.

IFSC Clearing House Group (13 Mar 2012)

Enda Kenny: If the Deputy's socialist policies were implemented, bearing in mind he is the only socialist I know in the whole of Europe who is opposed to any kind of property tax, the country would close down completely.

IFSC Clearing House Group (13 Mar 2012)

Enda Kenny: The Deputy has not raised the role and responsibility of the banking and treasury working group, nor has he raised the role of the IFSC funds, insurance, pensions or asset management working groups. Regarding the retail banking sector, I agree with the Deputy on what happened when Ireland decided to run its affairs on the basis of windfall taxes from property speculation and that the greed of...

IFSC Clearing House Group (13 Mar 2012)

Enda Kenny: Deputy Martin asked a valid question about a transaction tax. We have pointed out on many occasions that one cannot have one set of circumstances in Dublin and another in London, Amsterdam or Frankfurt. Theoretically, if there is to be a transaction tax in a global situation, everybody would like to see it happen. As I stated previously, I would like to see the law in Ireland dealing with...

IFSC Clearing House Group (13 Mar 2012)

Enda Kenny: The Deputy is mixing these matters up completely.

IFSC Clearing House Group (13 Mar 2012)

Enda Kenny: Deputy Higgins believes the IFSC is like the local manager incentivised to throw out more money to the local developer to build houses for which people could not pay.

IFSC Clearing House Group (13 Mar 2012)

Enda Kenny: There are 33,000 people working in the IFSC.

IFSC Clearing House Group (13 Mar 2012)

Enda Kenny: The companies pay very large amounts in corporation and payroll taxes. The Deputy wants to reduce the numbers in the IFSC and close it down.

IFSC Clearing House Group (13 Mar 2012)

Enda Kenny: I am sure the Deputy has noted the announcement that 2,500 redundancies are to be made by Allied Irish Banks over the next 12 to 18 months. The bank is in consultation with the IBOA in respect of the package for the personnel who will be leaving the bank. Deputy Adams is aware that, because of the downsizing and deleveraging of AIB and other banks, banks' requirements are much smaller....

IFSC Clearing House Group (13 Mar 2012)

Enda Kenny: I will have to give the Deputy an up-to-date report on the group's activities. I will send it on to him later.

IFSC Clearing House Group (13 Mar 2012)

Enda Kenny: The programme we launched with the IFSC has a target of creating 10,000 net new jobs over the next several years. Obviously, this is not a situation that will stay static because, as the Deputy knows, it is the most mobile of all employments. That is why it is necessary that there be constant vigilance about keeping the IFSC very attractive, which it is anyway and has a high rating from...

IFSC Clearing House Group (13 Mar 2012)

Enda Kenny: The British Government, for which I do not speak, is opposed to a financial transaction tax. The Irish Government has made its position clear on this. I do not share Deputy Higgins's view that the greening issue is a bad joke. I actually believe investment in green and renewable energy, such as pumped-storage hydroelectricity and wind-generated electricity, are worthwhile and achievable...

Order of Business (13 Mar 2012)

Enda Kenny: It is proposed to take Nos. 7 to 12, inclusive, motions re proposed approval by Dáil Éireann of Regulations of the European Parliament and of the Council and of the exercise by the State of the options or discretions in respect of Regulation (EU) No. 1077/2011; and No. 19, Finance Bill 2012 — Order for Report, Report and Final Stages. It is proposed, notwithstanding anything in Standing...

Order of Business (13 Mar 2012)

Enda Kenny: Which Bill was it again?

Order of Business (13 Mar 2012)

Enda Kenny: I cannot give the Deputy a date. I will have to come back to him on it.

Order of Business (13 Mar 2012)

Enda Kenny: I am aware of that. I will give the Deputy the up-to-date position. I do not have them all here.

Order of Business (13 Mar 2012)

Enda Kenny: There are so many of them.